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The Independent UK
The Independent UK
National
Josh Marcus

Pharma bro Martin Shkreli has ‘no assets’ and hasn’t paid $2m in legal fees, firm says

Copyright 2021 The Associated Press. All rights reserved.

Infamous “pharma bro” Martin Shkreli has “no assets” and his former company has stopped paying the disgraced executive’s enormous legal fees, Reuters reports.

According to law firm Duane Morris LLP, neither Phoenixus AG nor Shkreli himself have been able to compensate the firm an alleged $2.04m that’s owed, since an insurance policy covering the legal fees ran out in October.

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