Amarin Corp Plc (AMRN)

[Bouf]

Great post. These cases are very suspect because the business judgment rule protects management and the board from liability for any judgment call they made that was reasonable. Litigation risk decisions made here were business judgments, maybe bad ones, but they are not liable for bad judgments. Unless management knew about risks not publicly known, very hard to pin liability on them. Plus if they knew of such risks, they would have settled.

Beware of lawyers trolling for clients.