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BREAKING: Panel Says Judge Newman Should Be Suspended For 1 Year
By Ryan Davis
A Federal Circuit panel investigating claims that 96-year-old Judge Pauline Newman is not mentally fit to remain on the bench has recommended that she be suspended from hearing all cases for one year for not cooperating with the probe.
https://www.law360.com/appellate/articles/1707721?nl_pk=78656257-85cb-4f2d-9097-0c180cbe6857&utm_source=newsletter&utm_medium=email&utm_campaign=appellate&utm_content=1707721&read_main=1&nlsidx=0&nlaidx=0
"update"
Judge Newman Sues Fed. Circ. To Halt Probe Of Her Fitness
By Ryan Davis
Federal Circuit Judge Pauline Newman has filed a lawsuit against Chief Judge Kimberly Moore and the other members of the court, saying that an investigation into whether she is fit to remain on the bench violates her rights under the U.S. Constitution.
https://www.law360.com/appellate/articles/1606752?nl_pk=21d4e0d9-b1e9-4097-bad0-29c09d8a377d&utm_source=newsletter&utm_medium=email&utm_campaign=appellate&utm_content=1606752&read_more=1&nlsidx=0&nlaidx=0
No. Wholesalers like McKesson, Cardinal and Amerisource Bergen. Revenue to Amarin comes from sales to them, not retail pharmacy scripts.
https://www.commonwealthfund.org/publications/issue-briefs/2022/jul/impact-pharmaceutical-wholesalers-drug-spending#:~:text=About%2092%20percent%20of%20prescription,distribution%20in%20the%20United%20States.
Jacqueline has also provided ongoing corporate governance and securities law advice to many of the firm’s late stage and public company clients, including Alkermes, Altos Labs, Amarin Corporation, Citrix Systems, Juvenescence, Q32 Bio,
Who knew?
So can you tell if this is a third strike?
https://diariofarma.com/2023/04/18/la-cipm-avanza-en-predictibilidad-establece-bajadas-de-precio-condicionales-a-doce-meses-vista
What's your take on this? How final is their decision not to fund?
That was my point in posting this. I hope this normally private course of action isn't being made public because of political considerations.
Some of you who have been following our beloved stock for awhile might find this of interest:
https://www.reuters.com/world/us/us-appeals-court-judge-faces-rare-probe-into-competency-misconduct-2023-04-14/
https://www.reuters.com/legal/government/probe-federal-appeals-judge-tests-aging-us-courts-2023-04-21/
Excellent post.
Are you aware that Denner's involvement with MDCO was ~5 years before it was sold?
(Yes I'm well aware of the ticking patent clock)
If you don't return a proxy card no vote is counted. Brokers aren't allowed to vote your (unreturned) proxy card anymore. Been that way for quite awhile.
Apropos of nothing special today, thinking about the landslide vote against the current board and PWO, those two "shareholder advisory services", Glass Lewis and ISS, have been unmasked as toothless tigers. Just like the current BOD could have agreed to some Sarissa input but instead fought it on;y to have it blow up in their face, GL and ISS could have advised "for" Sarissa's slate and then claimed to have influenced the vote.
Do you know of a cure the rest of us aren't privy to?
A personal medical history is totally different than society's. But let's run with it for a moment. The Irish and other ethnic groups were discriminated against in America's history - should they get reparations? Why not? How far back should we go?
More to your point, last year I happened to find an old (~8 years) EKG and showed it to my cardiologist. He graciously looked at it for a minute and then said jokingly "It's a nice souvenir". Doctors do need to know your medical history to inform their thinking but they deal with the here and now. That was one of the birdbrainier posts I've ever read and I suspect even you know that.
He threatened but didn't act while Rome burned
You must have missed the timeline on page 80.
He hasn't proposed one thing to remedy the lack of a revenue ramp
Did you read pages 47-54? Here's page 54:
In multiple discussions with Amarin, we explained how our efforts at
The Medicine Company led to a resounding success for shareholders
and how lessons from our experience are very applicable at Amarin
I am suspicious that Denner is an ambassador of AMRN chaos - masquerading as a Savior with a clandestine goal to crush the price,
How would you characterize his involvement with MDCO?
Why did it take so long for him to act? You would have thought he would have acted after half the value of his shares vanished in short order.
You apparently didn't hear about the proxy contest that took place last June. You also apparently didn't see, or bother to read, this:
https://freeamarin.com/wp-content/uploads/2023/02/presentation-slides-opt.pdf
a 120 (3 mo) supply was $85
Careful! A "120" is only one month. Three months is 360 pills.
To your point, awhile back he said if SMSI didn’t reach 20 or 30 by January ‘22, he would never post here again. It didn’t and he didn’t….until recently.
This dovetails with yesterday's questions about patents. IIRC it goes all the way back to the JZ era in ~2012. Besides stating they felt their patents were strong, they also used phrases such as "control of supply" as a "barrier to competition".
I got a similar letter from my insurance company (after I discussed a fomulary exception) suggesting gV or "omega-3 ethyl esters". Why did I request a formulary exception? As I posted a couple of months ago, their formulary includes the .5 gram capsule V but not the 1 gram capsule!
Nowhere in the rejection letter is that fact mentioned.
Last June when the "abstention" campaign started I got a message from Okapi. I first assumed they were working for Sarissa but when I called back I happened to ask who they represented - "Amarin management". Oh, okay. Since then, no phone calls but an inundation of emails and snailmail.
I opened today's mail just now and found yet another mailing from Schwab for the Amarin proxy contest. Inside was yet another glossy brochure attacking Sarissa and the alleged mis-statements they've made as well as Sarissa's record of "value destruction" lol.
Well stated. It's not as if Dr. Denner is a stranger in biospace. It's his specialty. To those who think Denner wants to sell quickly and get out:
1)he stated publicly that he felt AMRN was worth "several multiples" (I take that to mean at least 3x) of his purchase price (~$4.47 at the time) and that was post-Du so he knew all the pitfalls and pratfalls
2)he was invested in Mdco for 5 years before it was sold in 2019.
Besides the endless "white card" emails, I just received my third pro-Amarin packet in the mail, again with a color brochure.
Thinking about some of the pro-Amarin voices on this board, heard and unheard, I would ask:
1. Is Amarin wise in spending $7+ million on this proxy fight?
2. Looking at recent script numbers, how successful has Amarin been in maintaining a 60% market share in the USA vs generics?
It was discussed extensively. Post 403015 among others:
I emailed Sarissa on this discrepancy. I got a reply back that they have not sold a single share and still own 25,210,000 shares. * See their SEC13D filing today.
Also per duke's reply; there's a difference between a 13D and a 13F filing. Also see post 403074
As a 13D filer Sarissa wouldve had to file a 13D amendment showing a sale of that size. Can people stop reposting every random anonymous posting that they havent vetted for logic or veracity?
Also 403040.
You're welcome.
Sto solo scherzando Lizzy. Conosco e amo la costa del Jersey.
Sto solo scherzando Lizzy. Conosco e amo la costa del Jersey.
Nothing to see here?
Nothing except…the new judge sounds like she was from the cast of “Jersey Shore” lol
Not only that....suddenly some anonymous poster on ST is considered a source authority on which new nominees to vote for.
That's about the same time I got my fourth set.
Over the weekend I received a proxy solicitation in the mail from Amarin (I wasn't signed up for electronic delivery with Schwab) complete with a fancy color brochure. Tonight I received a fourth set of "white card" proxy emails from management...?
Way to spend $7 million of stockholder capital.
Last Tuesday night I "properly" received both white and blue card emails for my TDA and Vanguard accounts.
Last night, another set of white cards for those same accounts.
A couple of hours ago, another set of white cards.
Electioneering? Stuffing the ballot box? It's sure stuffing my email inbox.
Way to spend $7+million I guess.
You have 95 F weather in February? In the words of Harry Hoo, "Amazing".
Good point. Btw, belated Happy 4th anniversary of LV I. Hard to believe how time flies when you're having "fun".
1) CVS tried that bait n switch stuff 3 years ago with me. Try mail order - I'm sure your plan has it and it might be even cheaper for a 90 day script. Since switching to mail order I've never had a problem (ironically I constantly get texts from CVS asking if I want to refill scripts)
2) Look especially at pages 47-54 of this slide deck.
https://freeamarin.com/wp-content/uploads/2023/02/presentation-slides-opt.pdf
You hit the trifecta:
Racist
Sexist
Ageist
You certainly live up to your screen name.
We all know that we will all be happy with $6
Speak for yourself. $6 would be slighty less disastrous for me than the current price.
If, as posted yesterday on ST, per TDA:
"The company (Amarin) did not file the paperwork in time or did not want the share holders notified of this action/vote".
1)They're shooting themselves in the foot. Many (most?) retail shareholders normally don't bother to vote since mgmt initiatives almost always win. So if they are trying to hold down the vote, they're helping those who are motivated to vote against mgmt. OTOH $7+ million goes a long way.
2) Knowledge or suspicion of trying to restrain voting causes even more enmity towards current mgmt.
Apparently you still haven't seen this yet. Pay particular attention to pages 47-54
https://freeamarin.com/wp-content/uploads/2023/02/presentation-slides-opt.pdf