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KBIO halted after Martin Shkreli, was arrested by the FBI.

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Martin Shkreli, was arrested by the FBIShares of a tiny drug company called KaloBios Pharmaceuticals Inc. KBIO -5.09% were halted after losing more than half their value in premarket trading after the company’s high-profile chief executive, Martin Shkreli, was arrested by the FBI.

The pharma boss who became infamous after hiking the price of an HIV-related drug by 5,000 percent was arrested Thursday by the FBI, prosecutors said, accusing him of orchestrating a “trifecta of lies, deceit and greed.”

The take down of Martin Shkreli — a hedge fund manager-turned-pharmaceutical company CEO — comes amid a probe related to “widespread” securities fraud through a hedge fund and drug company he once ran, according to a complaint filed by federal regulators.

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