Former Aegerion sales rep charged with defrauding U.S. insurers [Reuters (UK)]
NOVELION THERAPEUTICS INC COMMON SHARES (NVLN)
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Source: Reuters
Former Aegerion sales rep charged with defrauding U.S. insurers | Reuters 3 Min Read NEW YORK, May 15 (Reuters) - A former Aegerion Pharmaceuticals Inc sales representative was arrested Tuesday on charges that he defrauded insurance companies into paying for the company’s expensive cholesterol drug. Mark Moffett was charged with wire fraud and conspiracy in a criminal complaint unsealed in Massachusetts federal court. He was arrested in Illinois, according to court records. “Mark is an innocent man,” Kenneth Cunniff, Moffett’s lawyer, said in an email. “He looks forward to having his day in court where we anticipate he will be found not guilty.” Aegerion agreed in September to pay $40.1 million to resolve U.S. investigations related to its marketing of the drug, Juxtapid. In November, the Cambridge, Massachusetts-based company merged with QLT Inc and became a subsidiary of the newly named Novelion Therapeutics Inc. Novelion spokeswoman Amanda Murphy said the company terminated Moffett
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