NorthWest Biotherapeutics Inc (NWBO)

[GoodGuyBill]

Come on Hyperopia.

The SEC is not going to spend four years and millions of dollars investigating a company and at the end say, "my bad. all is well here". They have to find something to justify their action. If the SEC investigated NWBO for 4 years and this is the results, you can conclude that NWBO was clean.

You are right the lawsuits-- litigating all of these issues-- were all dropped, dismissed or settled for peanuts. The SEC investigation was resolved too for peanuts. And, by the way, LP admitted to the SEC findings--“material weakness relating to numerous areas of importance, including the review, supervision and monitoring of accounting operations throughout the organization” and corrected them in 2015/16. So technically, the SEC found absolutely nothing!

The frivolous lawsuits were dismissed, but the SEC investigation did find (and NW Bio admitted) “material weakness relating to numerous areas of importance, including the review, supervision and monitoring of accounting operations throughout the organization.” (for 12 years!)