Evan Greebel, a former Katten Muchin Rosenman partner convicted of conspiring to commit fraud with pharmaceutical executive Martin Shkreli, has lost his ability to appear before the U.S. Securities and Exchange Commission, the American Lawyer reported. The order follows a New York court’s decision in early January to suspend Greebel from practicing law. In an order yesterday, the SEC suspended Greebel from appearing or practicing before the commission. The suspension was automatically set off by Greebel’s December 2017 conviction on charges of conspiracy to commit wire fraud and conspiracy to commit securities fraud. The SEC’s order cites the conviction and an 18-month prison sentence handed down in August against Greebel. Prosecutors accused the lawyer of helping former Retrophin Inc. CEO Martin Shkreli improperly use company assets to pay off debts owed to investors in a pair of hedge funds that Shkreli started. Greebel’s work for Retrophin took place when he was at Katten. By the time of his arrest in December 2015, however, he was practicing law at Kaye Scholer, from which he resigned soon after. In addition to the prison term, Greebel was ordered to pay more than $10.4 million in restitution to Retrophin.
