Evan Greebel, the law firm partner arrested alongside now convicted felon Martin Shkreli, is facing his own criminal trial in October on two charges, including one in which Shkreli was convicted.

But Greebel is likely buoyed by the acquittal last week of Shkreli on the second charge in which the two were joined and which may present challenges for prosecutors at Greebel's October trial.

Federal prosecutors charged the pair in 2015, alleging Shkreli defrauded former hedge fund investors and then conspired with Greebel to defraud biopharmaceutical company Retrophin Inc., where Shkreli was CEO until 2014.