Friday, April 07, 2023 6:02:36 PM
Personally, I had an experience with the third partner of a company my husband had started with 2 other partners. The third partner was fired/walked off the job and went back to being a full time radiologist. My husband declared in an SEC filing that the company was better off without him because of blah blah. LOL.
The third partner declared war on the company and the CEO, my husband. Well about a year into the lawsuit my husband passed away. I was stuck with dealing with the second partner who was useless, (long story) and the lawyers. After a few years the court determined that the company was liable for defamation of character, the third x-partner kept his founder's stock. To stop the x partner from selling his stock everytime the stock made a move I made an offer to buy his shares. He accepted. The company had to pay his legal fees. It was nasty. I hate to say this but after my experience with the company's lawsuit, KM may have a defamation win and Amarin may have to pay his fees plus some kind of settlement.
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