If Retrophin counsel deemed it appropriate that certain company transactions help settle your personal obligations towards specific claims and arbitrations, then it sounds no better to me.
Can you explain why you sold over $4m worth of stock the same day that you suggested to the investment community that the just in-licensed "Thiola acquisition was worth $10 in net present value to shareholders"? Obviously a hedge fund manager like yourself would have known the net result, of such a statement, given the stocks modest float.
Earlier, he had denied wrongdoing in a post on InvestorsHub after Retrophin disclosed it had received a subpoena from federal prosecutors and the preliminary findings from its own investigation of Shkreli. He called the company's allegations “completely false, untrue at best and defamatory at worst.”
If you have a some free time, I'd like to hear what you think about a company I am invested in. I'm not sure if you will receive this, but if you do - let me know. Thanks
A lawyer charged along with notorious pharmacy bro Martin Shkreli in an alleged securities fraud conspiracy has knowledge of other uncharged crimes committed by Shkreli that are known to prosecutors, the lawyer's own attorney said Friday.
And the lawyer, Evan Greebel, intends to take the stand to prove his own innocence and expose Shkreli's many lies, his attorney said, during a hearing in Brooklyn federal court.
"We have every intention to do it," said Reed Brodsky, the defense attorney representing Greebel.
Brodsky also vowed Friday to use Greebel's knowledge of Shkreli's purported criminal conduct on cross-examination if Shkreli dares to take the witness stand in his own defense.
"We will be duty-bound to destroy Mr. Shkreli's credibility," Brodsky said.
"We are going to get up and we are going to say that Mr. Shkreli is guilty," Brodsky said. "He is a liar and a deceiver."