NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

while I was doing some rereading, because I cant help myself, in The Journal of Contemporary Health Law and Policy I found this that which in my view is for anyone investing in biotech always good to know and remember.

Courts have noted that there is a duty to correct when a company makes a historical statement that at the time made, the company believed to be true, but as revealed by subsequently discovered information actually was not

In re Int'l Bus. Machines Corp. Sec. Litig., 163 F.3d 102, 109 (2d Cir.1998) (noting the duty to correct arises "if and when a speaker learns that a prior statement was misleading when made.

https://scholarship.law.edu/cgi/viewcontent.cgi?article=1016&context=jchlp

So if any statement made by NWBO in the past which we as investors still abide by for our investment decision has become now for some reason obsoleted, NWBO has a duty to communicate and correct the previous statement.

For example the publication and many many other statements.