Judge denies request to restart Shkreli jury selection

Judge denies request to restart Shkreli jury selection

Earlier in the day, another prospective juror, who was excused, said of Shkreli, "I know he's the most hated man in America".

Shkreli is accused of lying about hedge fund MSMB Capital Management's finances to entice investors, while hiding trading losses from them. Prosecutors claim that with regulators and auditors breathing down their necks, Shkreli and lawyer Evan Greebel used cash and stock from Retrophin - a publicly traded pharmaceutical company he founded in 2011 - to satisfy claims from his hedge fund investors. Despite the accusations, he has kept a steady stream of taunting and profane social media posts.

During jury questioning Monday, several potential jurors said they couldn't ignore Martin Shkreli's reputation for raising the price of a life-saving drug by 5,000 percent.

Still, average Americans can relate more to high drug prices than they can to backroom corporate dealings-a phenomenon that was on display in Matsumoto's courtroom on Monday. "A person who puts profits ahead of everyone else". That said.this prospective juror might be right.

Shkreli is facing eight counts of securities and wire fraud in connection to an alleged Ponzi-like scheme involving one of his old pharmaceutical companies, Retrophin. His decision to increase the cost of Daraprim, which is used by AIDS patients, from $13.50 to $750 per pill was met with widespread outrage. "The real irony is the fact that the reasons so many people feel strongly about Martin has nothing whatsoever to do with the facts. of this case", he said.




Prosecutors and defense lawyers agreed to strike more than a dozen jurors for cause based on their opinions of Mr. Shkreli. "I bought these domains for $12 - you can have them for $12,000".

A third man said, "He kind of looks like a d--". A pool reporter was allowed at sidebar who then relayed what happened to members of the media.

Benjamin Brafman, who is representing Shkreli, told FiercePharma in an email that he objected to the private sidebars because he was concerned that the resulting press reports would prejudice the case going forward.

Judge Matsumoto said the judicial system started with a presumption of innocence.

By the end of Monday, at least 130 people were dismissed from hearing his fraud case.

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