Shkreli Jurors Mark Second Day With Queries on Intent, Investment Term
Jurors in the Martin Shkreli securities fraud trial did not reach a verdict on Tuesday, the second day of deliberations, but issued their first substantive jury note, in which they asked the court to define "fraudulent intent" and the investment term "assets under management."
August 01, 2017 at 04:06 PM
2 minute read
Jurors in the Martin Shkreli securities fraud trial did not reach a verdict on Tuesday, the second day of deliberations, but issued their first substantive jury note, in which they asked the court to define “fraudulent intent” and the investment term “assets under management.”
Whether or not Shkreli intended to defraud investors into two hedge funds he created, MSMB Capital Management and MSMB Healthcare, has been a central issue in the case against Shkreli, who is accused of eight counts that include conspiracy to commit securities fraud, wire fraud and conspiracy to commit wire fraud.
Benjamin Brafman, Shkreli's lead defense counsel, smiled as he read the note and showed it to his client and fellow defense team members Marc Agnifilo, Jacob Kaplan and Andrea Zellan.
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