Here is the full order as entered in the Southern District of New York (Manhattan) a day or so, ago.
As we noted two weeks, ago — the additional $30 million of fraud-laced losses go on Mr. Shkreli’s “relevant conduct” pre-sentencing report — under the still in-force federal sentencing guidelines. See this for calculation of actual losses — at page three, lower right hand column.
At an absolute minimum, we must now say his fraud totals have eclipsed $90 million — since it was in fact, his fraud at KaloBios in the late fall of 2015 that directly led to the drop from around $1.42 per share, to $0.27 per share, this week — as the renamed Humanigen found out that a consortium of not-for-, and non- profits had beat it to the punch in winning a PRV from the FDA — for its Chagas program. [Last year the stock was trading at $4.75… in the NASDAQ Pink Sheets.]
Charming, Marty. Simply charming.
[This also means we will not cover Marty’s reaction to Trevor Noah’s spoof of last night. It was comedic genius, as found by Billy the Kid. Do see the comments to the last post.]
Namaste, one and all…