Biglaw Tries to Persuade Judge Not to Send One of Their Own to Prison
Some former colleagues of the lawyer who was convicted of conspiracy to commit securities fraud and conspiracy to commit wire fraud in connection with the “Pharma Bro” case are asking the judge in his case for leniency.
Evan Greebel, formerly of Katten Muchin and Kaye Scholer, could face up to 20 years in prison for his role as outside counsel for Martin Shkreli’s pharmaceutical company Retrophin, according to Above the Law. Prosecutors alleged Greebel assisted Shkreli in using Retrophin’s assets to pay investors in unrelated hedge funds run by Shkreli through the use of phony settlement and consulting agreements and fraudulently backdating agreements.
“But his lawyers — he’s repped by Gibson Dunn — have submitted a sentencing memo asking Judge Kiyo Matsumoto for no jail time,” writes editor Kathryn Rubino. “Attached to the memo are some 180 letters asking for leniency, and quite a few from Greebel’s former Biglaw partners.”