Inovio Pharmaceuticals Inc (INO)

[xlt leader]

More DD on Adam F.

In May 2011 He bashed SPPI with his 3rd hatchet job in 45 days..

SPPI was around $4 at the time.. within one year it was over $16.94 check the charts....

Within hours of releasing these fabulous quarterly numbers, Adam Feuerstein fired off another one sided attack piece on SPPI: Spectrum Pharma: Zevalin Bubble Deflates. His third one sided hit job on the company in 45 days. The article, a completely slanted view of Spectrum Pharmaceuticals, focused entirely on the sales of ZEVALIN (one of two FDA approved drugs the company sells). The intentional one sided hack job completely ignored the phenomenal quarter the company just had selling Fusilev (which Adam had previously incorrectly stated was a result "one time surge" in sales), in addition to completely ignoring the company's late stage pipeline of blockbuster drug candidates (Eoquin and Belinostat). As you can see in the headlines below from two reputable media sources (AP & Reuters) Adam was clearly trying to mininize the company's recent success in his article and his headline was undoubtedly misleading.

OLD news but this is what you are dealing with here:

Adam Feuerstein Under Investigation....
Reposted from another board:

Adam Feuerstein is being investigated by the SEC - File HO1334423 18-Jun-09 08:25 pm
The SEC has responded today that they have opened an active investigation File HO1334423. Due to the timing and nature of his articles on HEB.

you can contact them at

MERRILY W KATZ
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
[phone]