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IgnoranceIsBliss

12/04/19 9:08 PM

#231646 RE: boozeman #231643

Is it strictly to make it go away more quickly?


Of course it is. Poison ivy will eventually go away without calamine lotion. STDs sometimes go away over a long period of time with no treatment. Zits will eventually pop and heal even without salicylic acid cleansers.

Under the circumstances, settling these cases for a reasonable payoff makes TREMENDOUS sense.
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marjac

12/04/19 9:14 PM

#231651 RE: boozeman #231643

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.
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louieblouie

12/05/19 4:28 AM

#231688 RE: boozeman #231643

Think of it like you....and a gnat.

You are much bigger and smarter than a gnat....and you can squash them to make them go away- but you may have to put up with their annoyance while you are trying to slap the little bugger down.

So instead - you pay $6 for a can of 'Off'. The spray keeps the bastard away. He gets to live. You aren't annoyed. And the $6 is worth the benefits it brings to you.

:o)