Pharma Bro is a deadbeat

[marmar]

Martin Shkreli, the former hedge fund manager convicted of securities fraud in 2017, is nearing the tail end of his seven-year sentence at the federal correctional institution in Allenwood, Pennsylvania but the defense team that aided in his trial has not yet been paid in full.

According to Reuters, Duane Morris LLP filed a request to a U.S. judge asking to withdraw as Shkreli's counsel stating that as of March 31 they had yet to be paid the $2.04 million balance owed to them for their services.

Shkreli's former law firm states that Phoenixus AG, Shkreli's employer prior to incarceration, had at one time agreed to pay for legal fees, but the "limits of an insurance policy" used for such costs has been "exhausted," according to Reuters.

In the filing made Tuesday in a Manhattan federal court Duane Morris revealed that Shkreli "has no assets" and would not be affected negatively by the removal of his current counsel as his trial has already been concluded. ..............(more)

https://www.salon.com/2022/04/13/martin-shkreli-hasnt-been-paying-his-lawyers/

[Chainfire]

1. If I was doing time, I might not want to pay my lawyer either. ;)