Replies to post #77392 on NorthWest Biotherapeutics Inc (NWBO)

[2014turnaround]

LOL isn't this what shorts do? Ambulance chaser lawyers after shorts manipulated the price down,then accusations of misconduct by the company. After awhile I'd think the authorities would catch on,when it's the same actions every time over and over again,year in and year out!

[AVII77]

Can someone please fill me in on the latest with this?

On December 7, 2015, the Company received a letter on behalf of shareholders demanding to inspect .....

I believe that was Woodford.

More specifically, the Freeh Group acting on behalf of Woodford.

On Nov 24th 2015 Woodford disclosed in an SEC filing:

"Woodford has also engaged Freeh Group International Solutions, a specialist firm serving in the areas of business integrity, compliance and investigations, to provide risk management services to us in relation to our investment in Northwest Bio."

Most think there is only one investigation ongoing (the one conducted/overseen by the NWBO board).

But I believe Woodford has his own investigation ongoing as well; the one conducted by the Freeh Group. And this was their formal request to review the "books and records".

On Dec 8th (the day after receiving their demand letter you question) NWBO said they rejected Woodfords candidate and selected someone else.

I don't think it a "reach" that the Dec 7 demand letter was from Woodford (or on Woodford's behalf via Freeh).