SEC Bars Biotech's Burrill, Settles VC Fund Theft Charges
This article was originally published in Scrip
Executive Summary
He may not be into buying $2m Wu-Tang Clan hip-hop albums, like another biotech executive that's recently found himself in hot water, but Steven Burrill apparently likes his vacations to St. Barts and Paris and spending cash, which allegedly wasn't his own, on private jets and Tiffany jewelry and other gifts for his wife – and his girlfriend, according to the Securities and Exchange Commission (SEC).