Claims extracted
18
sentences that state something as happening or true
Uncertain
17%
3 of 18 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
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.
asserted
they → allege → contempt
In a motion filed on Tuesday in US district court in New York City, the FTC and its state co-plaintiffs allege that 43-year-old Shkreli – nicknamed the “Pharma Bro” – has traded stocks in at least 60 pharmaceutical companies and publicly commented on their businesses since his release from prison in May 2022.
uncertain
Shkreli → file → May
Conditions related to Shkreli’s release prohibit him from directly or indirectly participating in the pharmaceutical industry, including owning stakes in pharmaceutical companies or influencing their business decisions.
asserted
Conditions → relate → decisions
The FTC alleges that Shkreli publicized his activities through livestreams and posts on the YouTube, X and Reddit platforms.
asserted
Shkreli → allege → platforms
During one livestream, he told viewers: “I’m showing you how to trade and invest in biotech,” according to the FTC.
uncertain
I → tell → FTC
In another livestream, Shkreli allegedly revealed what he described as his “magic trick”, saying: “It doesn’t matter what trades I make because I can always find a couple of biotech stocks to smoke.”
uncertain
I → reveal → stocks
The FTC also alleges Shkreli used his livestreams to organize public campaigns to short pharmaceutical stocks based on predictions that companies’ clinical trials would fail.
asserted
trials → allege → predictions
For those “brazen violations”, the FTC’s court filing said: “Shkreli should be held in civil contempt and face sanctions to purge his current contempt and to coerce his future compliance.”
asserted
Shkreli → say → compliance
The court filing said that should include, but not be limited to, “a complete accounting of his pharmaceutical company stock trades, divestment of any ownership in any pharmaceutical company, a monetary fine in the amount of Shkreli’s profits made through his contumacious conduct, and clear and escalating consequences – including additional fines and incarceration – for any future violations”.
asserted
that → say → violations
Shkreli’s pharmaceutical industry ban stems from a 2022 ruling that found he had conducted an illegal anticompetitive scheme to raise the price of Daraprim – a drug used to treat malaria, certain cancers and toxoplasmosis – by more than 5,000%, from $17.50 to $750 per tablet.
asserted
he → stem → tablet
That same year, a US court fined Shkreli $64.6m, describing his conduct as “egregious, deliberate, repetitive, long-running and ultimately dangerous [and] illegal”.
“Defendants must fulfill their obligations” when a court issues an order, FTC competition bureau director Daniel Guarnera said on Tuesday.
asserted
Guarnera → fin → Tuesday
He added that Tuesday’s filing against Shkreli “should serve as notice that the FTC will not hesitate to enforce violations of court orders”.
asserted
FTC → add → orders
Similarly, New York attorney general Letitia James said of Shkreli: “A court-ordered lifetime ban isn’t a suggestion.
asserted
ban → say → Shkreli
Martin Shkreli has been livestreaming his pharmaceutical company trades for the world to see, in violation of the law.
asserted
world → livestreame → law
“Shkreli’s market manipulation and monopolistic tactics put investors and the public at risk, and we’re going back to court to put a stop to his latest illegal behavior.”
asserted
we → put → behavior
The Guardian has reached out to Shkreli for comment.
asserted
Guardian → reach → comment
Shkreli in 2018 was sentenced to seven years in prison after being found guilty of two counts of securities fraud and one count of securities fraud conspiracy.
asserted
Shkreli → sentence → conspiracy
He became a symbol of corporate greed before being released from prison early.
asserted
He → become → prison