Large Firm Sophistication – Small Firm Values

Andre Springer

Northwest Biotherapeutics, Inc.

INVESTOR ALERT – Andrews & Springer LLC Is Investigating Northwest Biotherapeutics, Inc. For Possible Violations of Securities Laws - NWBO

(Wilmington, DE) Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud claims against Northwest Biotherapeutics, Inc. (“NWBO” or the “Company”)(NASDAQ: NWBO).

On July 7, 2014, research analyst Richard Pearson published an article asserting that the Company’s rising stock price was due to a massive undisclosed stock promotional campaign run by MDM Worldwide and/or Redfish Creative. Pearson’s report can be accessed here. Specifically, the article reports that stock promotional firms like Redfish Creative employ authors to write bullish articles on investor websites and message boards causing the stock price to artificially inflate. With respect to NWBO, Pearson’s report discloses that NWBO has been the subject of a recent string of bullish articles written by authors that have “used fictitious identities and fake credentials within healthcare or finance.” As a result of this news, when the market closed on July 7, 2014, the Company’s share price fell more than 6% on heavy volume.

On October 7, 2014, the Company announced that it had entered into an agreement with an institutional shareholder for the purchase and sale of approximately $11.5 million of newly issued shares of NWBO common stock for $5.05 per share. The financing also adjusted terms of previously granted warrants to the favor of that investor and to the detriment of all other shareholders. The announcement was made despite the fact that the Company just made a $17.5 million convertible debt offering back in August. As a result of the financing, NWBO shareholders are anticipated to be diluted by 5%. 

If you own shares of NWBO and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/nwbo or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. 

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.