InvestorsHub Logo
Followers 97
Posts 3675
Boards Moderated 0
Alias Born 11/13/2018

Re: boozeman post# 231643

Wednesday, 12/04/2019 9:14:54 PM

Wednesday, December 04, 2019 9:14:54 PM

Post# of 429724
Not a dumb question at all. All points well-taken. But as discussed ad nauseam on this Board, this is about de-risking. No matter how strong Amarin thinks their case is, there are always risks of going to trial.

Quite to the contrary, a settlement, depending upon the terms, is not at all a misuse of shareholder assets. Many have stated that the existence of this specific litigation has been a drag on the assent of the stock price, while the settlement of the litigation will act as a major catalyst for the stock price. Settlement of the litigation may also be a condition set by a potential suitor. As I said previously, whatever is paid in the settlement will most likely be dwarfed by the gain in market cap.

As for copycat lawsuits, that is always a possibility no matter what happens here, because even if Amarin creamed the current challengers, futue challengers will attempt to distinguish this case.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News