NorthWest Biotherapeutics Inc (NWBO)

[pqr]

Amended Complaint - meant to say NWBO added allegations of spoofing in connection with March 20 MIA announcement and subsequent trading. I was very interested to see that the Cohen firm apparently believes that spoofing is continuing after the original complaint was filed. This clearly raises the stakes bc IF unlawful spoofing of occurred before that Complaint Defendants now are clearly on notice of the alleged unlawful nature of their trading patterns. That doesn’t mean that they didn’t change their patterns or algos after that Complaint. And I don’t have the competence to analyze their post-original complaint trades - based maybe
they did change. But they have a dilemma. If in later trading they backed off algos that allegedly programmed spoofing behavior that could be an admission as to earlier spoofing behavior (tho there is a “subsequent remedial measure” argument that could ameliorate the implied admission). If they didn’t, they lost any argument that later trades lacked scienter.