NorthWest Biotherapeutics Inc (NWBO)

[ae kusterer]

Net, net: The MTD ruling comes by 8/15/24, and maybe any day. And it's very likely a denial , which could result in a big cash inflow for $nwbo from defendants' settlements . Coupled with MAA approval in August , the big ramp in cash generating sales finally starts.

⏲️Awaiting Judge Woods’ decision on the MTD⏲️$NWBO

The Case: Northwest Biotherapeutics, Inc v. Canaccord Genuity LLC, 1:22-cv-10185, (S.D.N.Y.)

Plaintiff: Northwest Biotherapeutics, Inc.

Defendants: Canaccord Genuity LLC, Citadel Securities LLC, G1 Execution Services LLC,…

— hoffmann6383 (@hoffmann6383) June 19, 2024

"Ulimately, the R&R found a single deficiency in NWBO’s First Amended Complaint. NWBO addressed this deficiency by adding the formulaic connection between spoofing and stock sales. Not only did NWBO address this sole deficiency but they further strengthened their complaint by providing “citations to and analysis of economic literature on the price impact of market manipulation generally and spoofing in particular, and alleges new quantitative statistical analysis demonstrating that the persistent impact of Defendants’ spoofing depressed the prices received by Plaintiff for all of its sales during the Relevant Period.”

"I believe we will be moving on to discovery in short order."



https://x.com/alphavestcap/status/1814317854663074002…

@hoffmann6383
·
Jun 19
⏲️Awaiting Judge Woods’ decision on the MTD⏲️

$NWBO

The Case: Northwest Biotherapeutics, Inc v. Canaccord Genuity LLC, 1:22-cv-10185, (S.D.N.Y.)

Plaintiff: Northwest Biotherapeutics, Inc.

Defendants: Canaccord Genuity LLC, Citadel Securities LLC, G1 Execution Services LLC,