Amarin Corp Plc (AMRN)

[Nukemtiltheyglow]

Interesting; So, Arnold&Porter are lawyers, probably looking to make a quick buck. So, allegedly, Sanofi (who at Sanofi?) approached Alex Denner and Brian Posner. Where and at what event? Dinner? Golf? It's important to disclose who or whom from Sanofi approached Denner & Posner. It could have been the janitor, who knows? Was this conversation with Sanofi they allegedly had, material information that should have been shared by Denner & Posner? Or was it a conversation between two parties? Who or what entity was privy to this conversation? My take is where did this conversation take place? Sounds Very subjective to me?
"Smart move on Denners part."

KEY TAKEAWAYS
Insider trading is the buying or selling of a publicly traded company's stock by someone who has non-public, material information about that stock.
Material nonpublic information is any information that could substantially impact an investor's decision to buy or sell the security that has not been made available to the public.
This form of insider trading is illegal and comes with stern penalties including both potential fines and jail time.
Insider trading can be legal as long as it conforms to the rules set forth by the SEC.

"Directors have fiduciary duties of loyalty and care to the company and its stockholders
Duty of loyalty. You must put the interests of the company and its stockholders over your own personal interests in making decisions for the Company and evaluating opportunities. This includes not taking opportunities that arise for yourself before offering them to the company, and not divulging or using company confidential information for personal gain."

The above excerpt doesn't sound like anything current Amarin Board of Directors and Management have towards the shareholders or company for that matter. Awarding themselves for non-performance...Really?