Shkreli's Sentence Shows Risks Of Open Defiance

Law360 (March 13, 2018, 10:08 PM EDT) -- The seven-year prison term handed down to former biotech executive Martin Shkreli for his interrelated securities fraud schemes is a warning to criminal defendants about the consequences of speaking out about their cases, experts said Tuesday, and a demonstration of how problematic the sentencing guidelines have become in white collar cases.

Shkreli was sentenced Friday on his conviction for defrauding investors in his ailing MSMB hedge funds and conspiring to game biotech company Retrophin Inc.’s stock price to pay off his debts.

While the normally defiant...
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