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New York Attorney Sentenced to 18 Months’ Imprisonment for Securities Fraud and Wire Fraud Conspiracies, and Ordered to Pay More Than $10 Million in Restitution

Evan Greebel Conspired with Martin Shkreli to Steal Millions of Dollars from a Biopharmaceutical Company and Conceal the Scheme

Earlier today, in federal court in Brooklyn, Evan Greebel, a former partner at the New York office of Katten Muchin Rosenman LLP who served as outside counsel to Retrophin, Inc., a biopharmaceutical company, was sentenced by Judge Kiyo A. Matsumoto to 18 months’ imprisonment for conspiracy to commit wire fraud and conspiracy to commit securities fraud, to be followed by three years’ supervised release. The Court also ordered Greebel to pay $116,462.03 in forfeiture and $10,447,979 in restitution. Greebel was convicted by a federal jury in December 2017, following an 11-week trial, for his role in two interrelated fraud schemes with Retrophin CEO Martin Shkreli and others, in which Greebel, Shkreli and others stole millions of dollars in cash and stock from Retrophin and manipulated the price and trading volume of Retrophin stock.

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https://www.justice.gov/usao-edny/pr/new-york-attorney-sentenced-18-months-imprisonment-securities-fraud-and-wire-fraud