Martin Shkreli sues investor over $420,000 debt that the 'Pharma Bro' owes the man's dad

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Martin Shkreli is waging his legal battle from a federal prison in Pennsylvania, where he is serving a seven-year fraud sentence for crimes related to hedge funds he previously ran and to a drug company he founded, Retrophin.

George Yaffe now is seeking to collect on that judgment from Shkreli. In turn, Shkreli is pursuing an appeal of the judgment.

Shkreli's suit, which alleges fraud, claims that Lee Yaffe falsely advised Shkreli that making the $250,000 promissory note was the "right thing" to do and that Shkreli should "man up." "As a result of Lee Yaffe's fraud, Mr. Shkreli has a $420,000 judgement against him," the suit said. Shkreli is asking for monetary damages "to be determined at trial."

 

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