AMARIN CORPORATION INVESTOR ALERT: Gibbs Law Group Files Class Action Lawsuit Alleging Violations of Federal Securities Laws
February 22 2019 - 6:18PM
Business Wire
Gibbs Law Group announces that it has filed a class action
lawsuit against Amarin Corporation (NASDAQ: AMRN) and certain of
its officers and directors. The class action, filed in the United
States District Court for the District of New Jersey (No.
2:19-cv-6601), is on behalf of investors who purchased or acquired
the securities of Amarin Corporation (NASDAQ: AMRN) from September
24, 2018 through November 8, 2018, inclusive. The lawsuit seeks to
recover damages for Amarin investors under the Securities Exchange
Act of 1934.
To speak privately with an attorney regarding this class
action lawsuit, click here.
According to the lawsuit, defendants made false and misleading
statements or failed to disclose that: (1) the top-line results
Amarin touted about its REDUCE-IT trial for Vascepa were not as
positive as the company represented; (2) the placebo given to
patients in the control arm of REDUCE-IT may have increased the
incidence of cardiovascular events in those patients; (3) as a
result, Amarin’s public statements were materially false and
misleading at all relevant times.
A class action lawsuit has already been filed. If you suffered a
loss in Amarin, you have until April 23, 2019 to request that the
Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn't require that you serve as a lead plaintiff.
To speak privately with a securities attorney to learn more
about our investigation and your legal rights, visit our website or
contact our securities team directly at (800) 808-5294.
About Gibbs Law Group
Gibbs Law Group represents individual and institutional
investors in securities litigation to correct abusive
corporate governance practices, breaches of fiduciary duty, and
proxy violations. The firm has recovered over a billion dollars for
its clients against some of the world’s largest corporations, and
our attorneys have received numerous honors for their work,
including “Best Lawyers in America,” “Top Plaintiff Lawyers in
California,” “Top Class Action Attorneys Under 40,” “Consumer
Protection MVP,” and “Top Cybersecurity/ Privacy Attorneys Under
40.”
This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20190222005536/en/
CONTACT: EILEEN EPSTEINPHONE: 510.350.9728EMAIL:
EJE@CLASSLAWGROUP.COM
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