Martin Shkreli's lawyer told the judge in his criminal case that the 'pharma bro' will ask the U.S. Supreme Court to hear an appeal of his fraud conviction.
Last week, Shkreli's lawyer told the judge in his criminal case in a letter that he will ask the U.S. Supreme Court to hear an appeal of his conviction.
The lawyer, Andrea Zellen, cited that plan as she asked Judge Kiyo Mastumoto to deny prosecutors' request that she release more than $463,000 of Shkreli's money to pay restitution to one of his fraud victims, along with a $75,000 court-levied fine.that covered "all outstanding disputes" between them.
Retrophin had a pending $65 million federal lawsuit alleging Shkreli breached his fiduciary duty to the company while serving as CEO and as a board member, while Shkreli had a pending arbitration claim alleging the company violated his employment agreement in ousting him in 2014. Shkreli also had sued two Retrophin directors and its ex-general counsel for $30 million in late May,The settlement in June came weeks after that latest suit, and around the time an arbitration hearing on the merits of his claim against Retrophin was due to start.
At the time of the settlement, Retrophin refused to reveal the terms of the deal, including whether the company paid Shkreli, or the other way around. But the firm also said then that "additional information about the settlement will be provided in Retrophin's forthcoming quarterly filing."
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