Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Amarin Corporation (NASDAQ: AMRN) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Amarin Corporation (NASDAQ: AMRN) concerning whether a series of statements by Amarin Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 12, 2018, an article published by Seeking Alpha entitled "Amarin's REDUCE-IT Trial: Something Fishy?" The article revealed the Company’s "recent revelations of positive topline results" from its REDUCE-IT trial for Vascepa, its sole product. Specifically, the article raised the possibility that "the placebo group received an active agent that in effect was an anti-statin", and that the REDUCE-IT trial results may have consequently exaggerated the efficacy of Vascepa.
On this news NASDAQ: AMRN fell sharply during intraday trading on November 13, 2018.
Based in Dublin, Ireland, and founded in 1989 Amarin Corporation focuses on the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States.
If you purchased shares of Amarin Corporation (NASDAQ: AMRN) on or before November 12, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185
