Shkreli Is Still Worth $27 Million, U.S. Says He Should Pay Up

Martin Shkreli is still worth millions of dollars and his fears that the U.S. is going to grab his share of a pharmaceutical company are “premature,” prosecutors say.

The U.S. wants the former drug company executive and hedge-fund operator to forfeit $7.4 million after his August conviction for securities fraud. Prosecutors cite his stake in Vyera Pharmaceuticals, formerly called Turing Pharmaceuticals, as well as $5 million in a personal trading account, a Picasso and a one-of-a-kind special edition album by the Wu-Tang Clan. His net worth is more than $27.1 million, prosecutor say.

Shkreli says his only liquid asset is the trading ...