Judge Grants Government’s Request To Liquidate Shkreli’s Brokerage Account

Mealey's (July 13, 2018, 12:08 PM EDT) -- BROOKLYN, N.Y. — The federal judge in New York overseeing criminal proceedings against convicted former pharmaceutical company CEO and hedge fund manager Martin Shkreli on July 10 granted the U.S. government’s motion to liquidate a portion of Shkreli’s E*Trade brokerage account and apply the liquidated funds to the outstanding fine and restitution liability that were part of his conviction on securities fraud and conspiracy charges (United States v. Martin Shkreli, No. 15-637, E.D. N.Y., 2018 U.S. Dist. LEXIS 114792)....