Already in Prison, "Pharma Bro" hit with Class Action Suit for Drug Monopoly Diane Lilli 3/11/21 The youthful pharmaceutical CEO Martin Shrekli, nicknamed “Pharma Bro”, and “the most hated man in America," has been hit with a class-action lawsuit. Health insurers filed the lawsuit, alleging Shrekli plotted to create a drug monopoly. The insurers are seeking damages to be determined by market overcharges in a trial by jury. The plaintiffs represent numerous third-party payers from thirty states. Blue Cross Blue Shield of Minnesota filed their lawsuit in Manhattan federal court, alleging Shrekli and his corporation Vyera Pharmaceuticals schemed to create a pharmaceutical monopoly and worked to prevent competitors from getting their hands on free Daraprim samples.