Replies to post #541868 on NorthWest Biotherapeutics Inc (NWBO)

[Grip it and Sip It]

Thanks pqr! Great explanation and I suspect this case has many angles.

At a minimum, do you see it as a deterrent to allow the stock to run on its own? I saw the response from the defendants but I chalk that up to saber rattling at this point. Seems the NWBO attorneys have cited some very specific allegations and putting them on notice. Admittedly, I didn’t think they’d do and still aren’t confident it would yield much outside of the deterrent….

I’ll ask you the question I ask our corporate attorneys before I make a decision:

Which side would you prefer to defend?

Thanks p!! All the best

[CrashOverride]

Compensatory damages will be based upon the market cap of similar companies which announced successful PIII trial data. It could also be supported by the spread in any upcoming partnership agreement as that would form a clear assessment of where we should be trading today.

The notion that damages would only be $100M seems very low. We have five years of evidence which has never been presented before in any other case. It's likely a concurrent criminal investigation has already begun as I posited on this forum many times. I do not think management will settle in arbitration as a jury would clearly side with the plaintiff in basically any venue where voir dire could occur. I expect damages to be above $2B.

[kabunushi]

Is there really no case in which a jury would be able to decide that the MMs egregiously wronged a very sympathetic company and also that this is their chance to send a strong message to MM that the public is not going to put up with this criminal behavior and hence they do a freestyle award of high damages?

Also, the issue of criminality is quite confusing because this is a civil case yet NWBO asks for the court to enter a judgment 'finding that the defendants violated federal and NY state laws'.
Can you please explain to a layman how this fits into a civil proceeding? I mean is it like 'finding them guilty of breaking laws, but the only penalties are via payment to the plaintiff', is that how it works? So the court can find that they broke the laws but no criminal jeopardy occurs? Can the SEC then turn around and fine them as well? Confusing!