The plaintiffs, including pension funds in Mississippi, Rhode Island and Louisiana, said Wells Fargo defrauded investors by giving the false impression that it was further along in the process of tackling regulators’ orders than it had disclosed at the time.
Maybe like NWBO, Wells Fargo was just on the 5 yard line or 1 yard line.
It’s the same judge that is overseeing the Wells Fargo case, Gregory H. Woods, with Cohen Milstein representing the plaintiffs, that is assigned to the Northwest Bio case, also with Cohen Milstein representing NWBO as the plaintiff.
And yes, I believe the retirement savings of many NWBO retail stock holders have been impacted by broker manipulations over the years. Certainly mine has.