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Corrected - Former Retrophin chairman says Martin Shkreli lied 'to my face'


(The story was refiled to correct the date of Shkreli's removal as CEO to Sept. 29 from Sept. 14, in the eighth paragraph)By Brendan Pierson(Reuters) - Martin Shkreli was ousted as chief executive of drug company Retrophin Inc after disobeying directions from the board of directors and lying about it, the board's former chairman testified at Shkreli's securities fraud trial on Wednesday.The former chairman, Steven Richardson, told jurors in Brooklyn federal court that he met with Shkreli in September 2014 to tell him he was losing the board's support.Richardson said he had recently learned ...

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First Published: Thu, July 13 2017. 00:17 IST