Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit
Against Amarin Corporation plc (AMRN)
Law Offices of Howard G. Smith reminds investors of the April 23, 2019 deadline to file a lead plaintiff motion in
the class action filed on behalf of investors that purchased Amarin Corporation plc (“Amarin” or the “Company”) (NASDAQ:
AMRN) securities between September 24, 2018 and November 9, 2018, inclusive (the “Class Period”). Amarin investors have
until April 23, 2019 to file a lead plaintiff motion.
Investors suffering losses on their Amarin investments are encouraged to contact the Law Offices of Howard G. Smith to discuss
their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
On November 12, 2018, an article was published on Seeking Alpha regarding Amarin’s “recent revelations of
positive topline results” from its REDUCE-IT trial for Vascepa, its sole product. 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, Amarin’s American depositary receipt price fell $4.44, or 22%, to
close at $15.38 on November 13, 2018, thereby injuring investors.
The complaint filed in this class action alleges that Defendants made materially false and misleading statements and/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.
If you purchased shares of Amarin during the Class Period you may move the Court no later than April 23, 2019 to ask
the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take
any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you
wish to learn more about this action, or if you have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol
Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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