Jennifer Peltz

Associated Press

In this Dec. 17, 2015, file photo, Martin Shkreli, center, the former hedge fund manager under fire for buying a pharmaceutical company and ratcheting up the price of a life-saving drug, is escorted by law enforcement agents in New York after being taken into custody following a securities probe. State and federal authorities sued the imprisoned drug entrepreneur Monday, Jan. 27, 2020, over business tactics that helped make him the bad-boy face of profiteering in the pharmaceuticals industry, seeking to bar the so-called 'Pharma Bro' from the industry for life.

Pharma Bro Sued Over Pricing 'Scheme'

The drug’s patent protection had expired, but the company used what’s known as a “closed distribution system” to illegally box out competition.

In this Oct. 22, 2019, file photo, Ted Wells, Jr., the lead attorney for Exxon, leaves New York Supreme Court in New York, after opening arguments in a lawsuit against Exxon. Exxon Mobil prevailed Tuesday, Dec. 10, 2019, in a lawsuit accusing the energy giant of downplaying the toll that climate change regulations could take on its business, with a judge saying the state attorney general's case didn't prove the company deceived investors — but also didn't excuse it of any accountability for global warming.

Exxon Mobil Wins Lawsuit

The oil company was accused of understating the costs of increased regulation in order to protect the value of its shares.