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FTC and states seek contempt ruling against Martin Shkreli for violating lifetime pharma industry ban

Market News
13 Oct 2026
CNBC
View Source
Bearish
FTC and states seek contempt ruling against Martin Shkreli for violating lifetime pharma industry ban

The Federal Trade Commission and seven states have asked a federal judge to hold Martin Shkreli in contempt for repeatedly violating a 2022 court order banning him for life from the pharmaceutical industry. Since his release from prison in May 2022, Shkreli has publicly traded pharmaceutical stocks and commented on the industry, actions prohibited by the order. The ban followed a civil case where Shkreli was found to have orchestrated an anti-competitive scheme by drastically raising the price of the drug Daraprim. The FTC warns that further violations could lead to financial penalties or incarceration, emphasizing the seriousness of enforcing the lifetime ban.

Martin Shkreli's legal issues provide context for health sector market data. For readers following health stocks, here is Pluang's market snapshot as of Oct 13, 2026 20:12 WIB: Of 128 priced health-sector US stocks, 75 rose and 49 fell. Notable movers include BioNTech SE (BNTX) at USD 92.15 with a -3.85% change, Moderna, Inc. (MRNA) at USD 207.34 with a -2.99% change and a 45% sell to 55% buy order activity, and Canopy Growth Corp (CGC) at USD 0.78 with a +2.97% change and 65% buy order activity.

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