Shkreli’s Sentencing Date Pushed Back To Allow Parties To Argue Loss, Forfeiture

(February 2, 2018, 2:15 PM EST) -- BROOKLYN, N.Y. — The sentencing date for former pharmaceutical company CEO and hedge fund manager Martin Shkreli following his conviction on charges relating to his operation of a Ponzi scheme has been pushed back to March after a federal judge in New York on Jan. 31 issued a minute order setting a briefing schedule to allow government prosecutors and Shkreli’s counsel to debate loss amount and forfeiture in the action (United States of America v. Martin Shkreli, No. 15-637, E.D. N.Y.)....

Related Sections