Martin Shkreli is looking for a new lawyer
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Martin Shkreli, the former hedge fund manager under fire for buying a pharmaceutical company and ratcheting up the price of a life-saving drug, is belted into an awaiting car after being taken into custody following a securities probe, on Thursday, Dec. 17, 2015 in New York.
Shkreli is in the process of finding a new attorney, according to a letter from his current lawyer Marcus Asner to Judge Kiyo Matsumoto first reported by Reuters.
The New York Times asked Shkreli if the change in lawyers had anything to do with Shkreli's recent online presence or TV interview.
Shkreli told the paper that this is "a dumb theory."
The former pharma CEO, who at one point was head of two companies, was arrested in December on charges of securities-fraud related to events earlier in Shkreli's career. The charges were not related to the incident that made Shkreli a household name - his 5,000% price increase of a critical anti-parasitic drug called Daraprim.
Shkreli was originally scheduled to appear in federal district court on Wednesday, but this change in lawyers could delay that hearing. In his letter, Asner wrote that the lawyers for all parties involved are looking into an alternative date the week of February 1.
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