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Home› Business› ​FTC and seven states seek contempt ruling against Shkreli over pharma ban

​FTC and seven states seek contempt ruling against Shkreli over pharma ban

BusinessBy Maya YangOct 13, 2026, 4:54 PM
​FTC and seven states seek contempt ruling against Shkreli over pharma ban
NEWS DESKBusiness
PUBLISHEDOct 13, 2026, 4:54 PM
NEWS BRIEF

What the source reports

Martin Shkreli’s 2022 release conditions bar him from participating in the pharmaceutical industry, including ownership stakes or business decisions The Federal Trade Commission (FTC) and seven US states have alleged that pharmaceutical executive Martin Shkreli repeatedly violated a lifetime ban on participating in the pharmaceutical industry, and they are asking a judge to hold him in contempt.

In a motion filed on Tuesday in US district court in New York City, the FTC and its state co-plaintiffs allege…

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Main source: The Guardian Business

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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