This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

AMRN SHAREHOLDER ALERT: The Law Firm Of Wohl & Fruchter LLP Is Investigating Amarin Corporation Plc.

Stocks in this article: AMRN

The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of Amarin Corporation plc (Amarin) (NASDAQ: AMRN).

On October 11, 2013, the Food & Drug Administration (FDA) released its briefing documents for the scheduled October 16, 2013 advisory committee review of Amarin’s application seeking expanded approval for the use of its fish oil-based drug, Vascepa, in the treatment of adult patients with high triglycerides with mixed dyslipidemia.

The FDA briefing documents raised questions about the mineral oil placebo used in the ANCHOR clinical trial intended to support the expanded approval, thereby potentially negatively impacting the control group data, and suggesting that “the treatment effects observed with [Vascepa] may be overestimated.”

The FDA briefing documents also suggested it may be prudent to await the results of the REDUCE-IT trial being conducted by Amarin to evaluate the effectiveness of Vascepa in reducing cardiovascular events (which will only be completed in approximately six years) before approving expansion of the treatment indication for Vascepa.

On the above news, AMRN shares declined over 20%.

Wohl & Fruchter’s investigation concerns whether Amarin management misled investors concerning, among other things, potential flaws in the design of the ANCHOR clinical trial, and the potential relevance of data from the ongoing REDUCE-IT trial to approval of the expanded indication for Vascepa.

Persons with relevant information, and AMRN shareholders with questions about this investigation, are invited to contact the attorney below, or our Firm by calling 866.833.6245.

Additional information, including a copy of the FDA briefing documents referenced above, is available on our website at: http://www.wohlfruchter.com/cases/amrn.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm and its successes, or to contact one of our partners.

This release may be deemed to constitute attorney advertising.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs