FTC asks judge to hold Martin Shkreli in contempt of court for forming new drug firm

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Martin Shkreli, erstwhile main enforcement serviceman of Turing Pharmaceuticals AG, center, pauses portion talk to members of the media with his lawyer Benjamin Brafman, right, extracurricular national tribunal successful the Brooklyn borough of New York, U.S., connected Friday, Aug. 4, 2017.

Peter Foley | Bloomberg | Getty Images

The Federal Trade Commission connected Friday asked a judge to clasp notorious "pharma bro" Martin Shkreli successful contempt of tribunal for forming a caller cause institution successful usurpation of a prohibition connected the convicted fraudster from moving successful the pharmaceuticals industry.

Shkreli, who was released from prison past year, had been banned "for beingness from straight oregon indirectly
participating successful immoderate mode successful the pharmaceutical industry" arsenic a effect of an FTC suit against him and a anterior cause institution helium founded.

The FTC, successful a tribunal filing Friday, noted that Shkreli successful July announced the enactment of a caller company, Druglike, "that appears to beryllium progressive successful the cause industry."

The bureau said that action, arsenic good arsenic Shkreli's nonaccomplishment to wage a $64.6 cardinal fine, suggest that helium is violating the court's bid successful the case.

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