Tag: salvador-on-july
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Investors sue company rescued by Shkreli for return of $5 million
Investors who backed a biotechnology company led by executive Martin Shkreli are suing to get back the $5.4 million they had invested just hours before his arrest, according to court papers. Shkreli took control of KaloBios Pharmaceuticals Inc in November, saving the company from closing down. As part of Shkreli's rescue, the company reached a…