"New York AG Blocks Trump From Real Estate Industry, Citing Martin Shkreli's Lifetime Pharma Ban"

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Source: The Messenger
"New York AG Blocks Trump From Real Estate Industry, Citing Martin Shkreli's Lifetime Pharma Ban"
Photo: The Messenger
TL;DR Summary

New York Attorney General Letitia James cited Martin Shkreli's lifetime ban from the pharmaceutical industry to support her case against former President Donald Trump, seeking to block him from the real estate industry for fraudulently inflating his assets. The Second Circuit upheld Shkreli's ban due to his monopolistic behavior, and James wants a similar ban for Trump and his associates, along with disgorgement of ill-gotten gains. The attorney general's office invoked a federal judge's ruling against Shkreli, citing the same statute used against Trump, and the judge is expected to issue a ruling before the end of the month.

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