Pharma Bro’s Former Lawyer Disbarred and Banned from Practicing After Voluntarily Resigning Legislation License

NEW YORK, NY – DECEMBER 17: Attorney Evan Greebel, center, is directed by law enforcement officials after being detained because of co-defendent with Turing Pharmaceutical CEO Martin Shkreli for fraud fraud on December 17, 2015 at New York City. Shkreli gained notoriety for raising the price of Daraprim, a medicine used to treat the parasitic condition of toxoplasmosis, from $13.50 to $750, although the Greebel arrest did not involve that price increase.
“Pharma Bro” Martin Shkreli’s former lawyer has been permitted to resign from practicing law in New York State.
Evan Louis Greebel, a former lawyer with the law firm of Katten Muchin Rosenman LLP, received consent to voluntarily”resign as an attorney and counselor-at-law” from the Supreme Court of the State of New York, Appellate Division, Second Judicial Department at a Wednesday order”in lieu of further proceedings in connection with his certainty” on securities fraud charges at December 2017.
Greebel was previously sentenced to 18 months in prison after an 11-week-long trial where prosecutors known him as a”corrupt lawyer” in connection with his role in Shkreli’s efforts to defraud pharmaceutical business Retrophin, Inc. to pay debts off. The duo was accused of working together to be able to utilize Retrophin’s money and shares to be able to stave off investors from Shkreli’s failed hedge funds.
The now-former lawyer made notice of the scope and seriousness of his criminal action from the Wednesday court order.
The combination farewell/mea culpa document reads:
[Greebel] acknowledges in his affidavit that he’s currently the subject of an evaluation from the Grievance Committee for the Ninth Judicial District, which the allegations comprise at least the subsequent functions of professional misconduct: Upon a jury trial from the United States District Court for the Eastern District of New York, on December 27, 2017, he was found guilty of conspiracy to commit wire fraud and conspiracy to commit securities fraud, also about August 17, 2018said he was sentenced, inter alia, to 18 months’ imprisonment on each crime , to be served concurrently, followed by 3 decades of supervised release. The respondent further acknowledges his convictions represent”serious offenses” beneath JudiciaryLaw? 90(4) and represent a finding of misconduct under the Rules of Professional Conduct, requiring the imposition of discipline. He illustrates he cannot defend against such facts and circumstances.
To put it differently, Greebel consented he was convicted of federal crimes and does not have any defense against the allegations made against him by law enforcement. Those allegations resulted in a conviction which in turn resulted in a query into Greebel’s professional conduct. But the court’s order stated the professional conduct inquiry into Greebel did”not include any allegations he willfully misappropriated or misapplied cash or land.” To put it differently, the professional conduct matter seemed to be more concerned with how a conviction occurred than it did with all the underlying substance of the certainty.
By allowing Greebel to resign, the committee’s professional conduct investigation is currently canceled.
“The Grievance Committee asserts the resignation fully complies with all the requirements of 22 NYCRR 1240.10 and, therefore, recommends its acceptance,” the decision notes.
The intermediate appellate court decided to give Greebel’s resignation means he’s immediately disbarred and his name is being”stricken from the roll of attorneys and counselors-at-law.”
Another request from Greebel to have his name stricken retroactively from”the date he stopped practicing law, March, 1, 2016, or alternatively, the date of his conviction, or alternatively, the date of his interim suspension [at 2019]” was denied.
The order is silent as to whether or not Greebel may some day be in a position to reapply for readmission to the bar. New York law seems to permit reapplications for entry in some instances of resignation after seven decades.
Read the court’s complete order below:
[picture via Andrew Burton/Getty Images]
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