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Pharma Bro Settles with Retrophin from Prison

Martin Shkreli reached a settlement with representative of his old company, Retrophin, weeks after suing two directors and ex-counsel from his prison cell. So reports CNBC.

Prior to the settlement, the company had sued Shkreli for breaching his fiduciary duty, and Shkreli had sued Margaret Valeur-Jensen alleging she used fraud to oust him. He is serving a seven-year sentence for “securities fraud related to his two defunct hedge funds and to Retrophin, which he founded after the funds financially collapsed,” according to the article.

Read the full article from CNBC.

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