Amarin Corp Plc (AMRN): Regarding reported expiration of former...

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dogn

Re: None

Monday, 04/29/2024 10:44:13 PM

Monday, April 29, 2024 10:44:13 PM

Regarding reported expiration of former CEO Karim Mikhail’s exercisable options on May 1:

Found this Feb. 29 21 page court decision in Mikhail vs Amarin denying defendants motion to dismiss and allowing limited discovery. Interesting references to altar ego and veil piercing arguments regarding establishing jurisdiction, & relationships between NJ based Amarin Inc vs Amarin plc vs Amarin Switzerland.

As KM’s employment contract had terms regarding accelerated vesting of options under change of control as he is claiming led to his termination, I assume his expiring options might still be in play until lawsuit is settled. Perhaps not something to get too excited about on May 1.

https://law.justia.com/cases/federal/district-courts/new-jersey/njdce/3:2023cv01856/510557/33/

https://cases.justia.com/federal/district-courts/new-jersey/njdce/3:2023cv01856/510557/33/0.pdf?ts=1709398751

dogn