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Shkreli Attys Call 15-Year Sentence 'Severe,' Ask For 1.5

Law360 (March 7, 2018, 10:04 PM EST) -- Martin Shkreli’s attorneys called the government’s recommendation of 15 years prison time for securities fraud “far too severe” in a letter to a New York federal judge on Wednesday, arguing that a sentence of 18 months or less would be more appropriate for the controversial former pharmaceutical executive’s crimes.

On Tuesday, federal prosecutors had asked U.S. District Judge Kiyo Matsumoto to impose a “substantial sentence of incarceration" on Shkreli for defrauding his hedge fund investors and for market manipulation, ripping his request for leniency and saying it...
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