Pharma Bad Boy Martin Shkreli, Kaye Scholer Partner Arrested

Law360, New York (December 17, 2015, 9:55 AM EST) -- Turing Pharmaceuticals Inc. boss Martin Shkreli, who generated outrage earlier this year by jacking up the price of a drug used to treat AIDS symptoms, was arrested Thursday on securities fraud charges along with a Kaye Scholer LLP partner accused of conspiring with him.

Martin Shkreli, the former hedge fund manager under fire for buying a pharmaceutical company and raising the price of a life-saving drug, is escorted by law enforcement agents in New York. (Credit: AP) Brooklyn U.S. Attorney Robert L. Capers detailed the indictment against Shkreli, 32, after his arrest Thursday morning in Manhattan on charges connected to two...

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