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Amarin Corporation PLC 

Securities Class Action

  • Date:
  • 12/20/2021
  • Company Name:
  • Amarin Corporation PLC
  • Stock Symbol:
  • AMRN
  • Class Period:
  • FROM 12/5/2018 TO 6/21/2021
  • Status:
  • Filed
  • Court:
  • U.S. District Court: District of New Jersey

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Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Amarin Corporation PLC (“Amarin” or the “Company”) (NASDAQ: AMRN) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Amarin securities between December 5, 2018 and June 21, 2021, both dates inclusive (the “Class Period”). Investors have until December 20, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
 

The complaint alleges that throughout the Class Period, Amarin and its senior executives made materially false and/or misleading statements and/or failed to disclose that: (1) there was an increasingly high risk that certain of Amarin’s patents would be invalidated; (2) once the District Court invalidated certain of Amarin’s patents, there was little to no chance of reversing that ruling; (3) Amarin’s litigation was preventing it from effectuating a successful takeover; and (4) Amarin was downplaying the true threat the ongoing ANDA litigation posed to the Company's business and future prospects.

If you purchased or otherwise acquired Amarin shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra Raymond by filling out the form below. There is no cost or obligation to you.

The individual or institution below (“Plaintiff”) has reviewed and agrees to the Bragar Eagel & Squire, P.C. (“BESPC”) retainer agreement and authorizes BESPC to prosecute an action on Plaintiff’s behalf under the federal securities laws or applicable state laws to recover damages on behalf of investors in Amarin Corporation PLC. BESPC will prosecute the action on a full contingency basis and will forward all costs and expenses.
 

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