Portnoy Law: Lawsuit Filed On Behalf of Amarin Corporation plc Investors
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LOS ANGELES, Oct. 25, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Amarin Corporation plc ("Amarin" or "the Company") (NASDAQ : AMRN) investors that acquired securities between December 5, 2018 and June 21, 2021.
Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case.
It is alleged in this complaint that throughout the Class Period, Amarin made materially misleading and/or false statements and/or failed to disclose that: (1) the risk that certain of Amarin's patents would be invalidated was increasingly high; (2) there was little to no chance of reversing the ruling once the District Court invalidated certain of Amarin's patents; (3) Amarin's litigation was preventing it from effectuating a successful takeover; and (4) Amarin was downplaying the true threat posed by the ongoing ANDA litigation to Amarin’s business and future prospects.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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