Shkreli Lawyer’s 401(k) Fight Arrives Anew Before Second Circuit

A dispute over the fate of 401(k) funds belonging to Evan Greebel, a now-former attorney convicted of conspiring with pharma bro Martin Shkreli, raised questions about whether district courts have authority to reject proposed settlement agreements.

Greebel, who’d worked with Shkreli’s Retrophin Inc., was found guilty in 2017 of helping defraud the drug company’s investors. He contends the Second Circuit should overrule the US District Court for the Eastern District of New York judge who rejected an agreement between him and the government stipulating that 40% of his 401(k) funds could be withheld to cover tax liabilities that would be ...