Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Amarin Corporation plc (AMRN) on Behalf of Investors - Yahoo Finance
LOS ANGELES, October 27, 2021--(BUSINESS WIRE)--Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Amarin Corporation plc ("Amarin" or the "Company") (NASDAQ: AMRN) investors concerning the Company’s possible violations of the federal securities laws.
If you suffered a loss on your Amarin investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/amarin-corporation-plc-1/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On March 30, 2020, Amarin announced that "the United States District Court for the District of Nevada[] rul[ed] in favor of the generic companies in the company’s patent litigation against two filers of abbreviated new drug applications, or ANDAs, for Amarin’s VASCEPA® (icosapent ethyl) capsule franchise." On this news, Amarin’s share price fell $9.58, or approximately 70.5%, to close at $4.00 per share on March 31, 2020, thereby injuring investors.
On June 21, 2021, investors learned that the Supreme Court rejected the Company’s bid to revive its Vascepa patents. On this news, Amarin’s share price fell 5.2%, to close at $4.70 per share on June 21, 2021, further injuring investors.
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Whistleblower Notice: Persons with non-public information regarding Amarin should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].
source: https://finance.yahoo.com/news/glancy-prongay-murray-llp-leading-234200468.html
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