Ex-PixarBio CEO sentenced to 7 years for defrauding investors

Discussion in 'Pharma/Biotech Companies - In the News' started by cafead, Feb 19, 2020 at 10:22 AM.

  1. #1 cafead, Feb 19, 2020 at 10:22 AM
    cafead

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    via A judge has sentenced former PixarBio CEO Frank Reynolds to seven years in prison for defrauding investors. The judge also ordered Reynolds to pay $280,000 in forfeiture and around $7.5 million in restitution as punishment for his crimes.

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