Thursday, May 3, 2018

A New Civil Lawsuit (Against Martin Shkreli) Offers An Odious "Peek Under The Hood" -- At Turing (Now Vyera) Pharma....


[Cross posted from another of our properties.] I think this simply confirms much of what we largely long-suspected about the private company now called Vyera.

Rather than walk you through all the salacious details -- and there are LOTS of them -- I'll just link the 29 page PDF file, and quote the most innocuous bit (do go read it for yourself):

. . . .On June 22, 2017, the very next day after Defendant Shkreli’s Facebook post to “Drain the [Turing executives] Swamp,” Ms. Costopoulos was stripped of all duties and authority in her capacity as Senior Vice President, Chief Compliance Officer and General Counsel of Turing. Mr. Mulleady, acting on behalf of the Company, at the direction of Defendant Shkreli and his personal attorney, Mr. Scott Vernick of Fox Rothschild (“Mr. Vernick”), advised Plaintiff that she was being placed on administrative leave pending an investigation into unspecified misconduct. A company-wide memorandum was circulated announcing the same. . . .


Well. That was a stupid thing to do. But, that's Marty for ya'.

Do enjoy -- and a sincere hat tip -- to an anonymous friend of the blog, for this! Off now, to bake Yoda, C3PO and R2D2 cookies, etc. . . . smile.

नमस्ते

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