NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
NYS Entity Status
NYS Filing Date
APRIL 01, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - BIG FIVE MANAGEMENT LLC
AROUND THE WEB
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
- Little Games, Big Engagement
Friday Sep 23, 2011
One of the challenges brands often face when they look at getting into gaming is cost and time. Concepting a game people will actually play takes a great deal of time and specialized skills. Butsometimes, the simplest games can engage thousands of people if the right circumstances come together.
- The Atlantic to be Sold to Jobs’ Social Investment LLC
By Ruth McCambridge - Monday Jul 31, 2017
Have you heard of the large and often anonymous LLC-based funder that just bought majority shares in The Atlantic?
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
The changes requested by the Third Point hedge fund underscore the idea that legacy food brands must radically shake up their portfolios to remain profitable.
- Sage grouse conservation changes praised, provoke alarm
By MEAD GRUVER and MATTHEW BROWN, Associated Press - Tuesday Aug 8, 2017
The ground-dwelling sage grouse has lengthy, pointed tail feathers and is known for the male's elaborate courtship display in which air sacs in the neck are inflated to make a popping sound.The proposed changes, the result of a 60-day review of the plan by Zinke's agency, could give states wiggle room in areas such as setting population goals for sage grouse and drawing boundaries of recognized sage grouse habitat.Advocacy groups such as The Wilderness Society and National Wildlife Federation said the proposal was a backdoor attempt to allow unfettered oil and gas development that ignored previous scientific studies showing that drilling too close to sage grouse breeding areas would harm the birds.The birds inhabit parts of 11 states including large swaths of Wyoming, Utah, Idaho and Nevada — big ranching states that include areas with vast wind energy and gas drilling potential.Areas where sage grouse habitat and gas drilling overlap include the upper Green River Basin of western Wyoming, home of some of the biggest onshore natural gas fields in the U.S.Jonah Energy LLC, recognizes the existence of sage grouse winter range in the southern part of its proposed gas field about 200 miles (321.85 kilometers) northeast of Salt Lake City, said Paul Ulrich, government affairs director at the Denver-based petroleum company.
- Kimberlea K to challenge males in Everett Nevin Stakes
By Larry Stumes - Friday Jul 7, 2017
Like most American trainers, Jerry Hollendorfer rarely runs females against males — he hasn’t even done it with superstar Songbird.Owned and bred by KMN Racing LLC of Fairfield residents Kevin and Kim Nish, Kimberlea K sped to a 5¼-length victory over fillies in her five-furlong debut June 17 at Golden Gate Fields.Six of her eight opponents in Saturday’s 5½-furlong race come off of front-running maiden wins, including Jacks Masterpiece, who did it by 4½ lengths at the fair June 24.“It’s not an easy spot, but we want to try her in there,” Hollendorfer said.Hollendorfer preferred the Everett Nevin Stakes over the Juan Gonzalez Memorial for 2-year-old fillies won impressively by Song From Above on July 1.In other stakes Saturday, Hollendorfer has It Tiz Well in the Grade 3, $300,000 Delaware Oaks at Delaware Park and Constellation in the Grade 2, $200,000 Great Lady M and Taman Guard in the $100,000 Bertrando at Los Alamitos. …