Replies to post #111150 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

The main difference seems to be that they want money returned to NWBO,

Along with the more improtant fact that tehy are suing different parties.

The dismissed case was a suit against NWBO.

The Yonemura case is a suit against Coganate and LP (with her Toucaon/Cognate hat on).

There is no need to show breach of fiduciary duty against Cognate or LP as an owner. They have none such.

There is no need to show scienter in Y., as all they are seeking are the direct damages.

Why do you ignore the fact that they have stated they will settle, while the other case was dismissed?

What is funny is that when the settlement gets announced, all the longs will be saying how great it is that NWBO got paid. Just like when the NWBO shares were returned.

[hankmanhub]

To summarize (IMHO) the Yonemura and Lerner cases and there huge difference in one (long run on) sentence: Lerner is a case about NWBO misleading INVESTORS and seeking to recover their losses (dismissed), while Yonemura is a case against Powers and Cognate for fraudulent self dealing wherein NWBO is a plaintiff (via Yonemura) and is now stayed.