Replies to post #333432 on Amarin Corp Plc (AMRN)

[marjac]

A corporation’s shareholders have a significant protectable interest justifying intervention as of right because “as owners of the corporation, shareholders have an interest in recovering damages suffered by the corporation.” In re Intel Corp. Shareholder Deriv. Litig., 2018 WL 5777138 at *3 (N.D. Cal. 2018). See Rothenberg v. Sec. Mgmt. Co., Inc., 667 F.2d 958, 960 n.3 (11th Cir. 1982)(Shareholders benefit indirectly from the increase in stock value that results from lawsuit recovery). See also Portnoy v. Kawecki Berylco Indus., Inc., 607 F.2d 765, 767 (7th Cir. 1979)(Because shareholders receive at least an indirect benefit in terms of increased shareholder equity, they have an adequate interest in vigorously litigating on behalf of the company).