Shkreli Calls Allegations ‘Baseless’ in Tweet

  • Other tweets include one that he expects to be cleared
  • Shkreli was arrested Thursday and released on $5 million bond

Martin Shkreli, chief executive officer of Turing Pharmaceuticals LLC, exits federal court in New York, on Dec. 17.

Photographer: Louis Lanzano/Bloomberg
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Martin Shkreli, who rose to infamy by dramatically increasing the prices of vital drugs and was arrested Thursday on securities fraud charges, pinned a tweet to the top of his Twitter feed Saturday saying that he was confident he would prevail.

“The allegations against me are baseless and without merit,” Shkreli, who resigned as chief executive officer of biotechnology company Turing Pharmaceuticals LLC on Friday, wrote to his almost 35,000 Twitter followers. That sat above a retweet he had posted of a Vanity Fair profile from a day earlier, and a link to a Dec. 17 statement that also said Shkreli expected to be “fully vindicated.”