Replies to post #678686 on NorthWest Biotherapeutics Inc (NWBO)

[CrashOverride]

There's simply no reason to use less than every second of the 30 days allotted by the court. The proceedings have already taken 14 months.

There's no need to file the amended complaint sooner than required by the court as that won't bring resolution any quicker given defense will use every procedural tactic to delay after we file the amended complaint.

So Posner might as well use all time allotted to ensure rigorous amended complaint filed which includes all elements the court outlined she needs to prove loss causation.

The impact of surviving the motion to dismiss will be in the hundreds of millions if not single billions.

I trust the giant slayers to deliver.

[attilathehunt]

Do the defendants get an opportunity to challenge the loss causations or is this final before ultimate decision to dismiss MTD?

If loss causation is cut and dry, then I would like to see a filing around 3:00 in order to see what the market does in response to a clear cut loss causation.

[CherryTree1]

IMHO the calculation they were asked to do is not simple. One has to make assumption as to how the stock price would have behaved if there was no spoofing going on. How does one do that? My guess is that they wanted to take some time to go through this with some market specialist and document in detail how they arrived at their figure. Anything they produce will get challenged by the market makers so they need to be clear and meticulous to each challenge. All this take some time. Even if they had done all this in advance waiting to file until the last days give the impression they did their due diligence.

[Poor Man -]

One reason to wait is in the event there are ongoing settlement negotiations. Waiting to make sure there are no typos is nonsense.