Investors: ‘Pharma Bro’ Shkreli was shady, and profitable
The jury at the securities fraud trial of “Pharma Bro” Martin Shkreli has heard investors accuse the quirky former biotech CEO of repeatedly giving them the runaround when they tried to pull their money out of his failing health care hedge fund.
But the government witnesses have made a concession that the defense hopes plays in its favor: In the end, they made a killing.
Whether jurors at the trial that began June 26 in federal court in Brooklyn will see Shkreli’s clients as victims of a crime is central to a case that’s featured odd subplots, including a self-serving rant by the defendant to reporters and email evidence by a mentor about wanting to touch his “soft skin.”