Shkreli, Ex-Katten Atty Get Fraud Trials Severed

Law360, New York (April 19, 2017, 4:18 PM EDT) -- Former Retrophin Inc. CEO Martin Shkreli and his ex-Katten Muchin Rosenman LLP attorney will be tried separately, a Brooklyn federal judge ruled Wednesday, citing a “a serious risk” that Shkreli wouldn’t receive a constitutionally fair trial in a joint proceeding.

U.S. District Judge Kiyo A. Matsumoto ruled that a joint trial on securities fraud charges for Shkreli and former Katten attorney Evan Greebel would place an unfair and heavy burden on Shkreli, who would have to defend himself against both the government and Greebel.

Greebel’s lawyers...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.