NEW YORK, July 4, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Northwest Biotherapeutics, Inc. ("Northwest" or the "Company") (NASDAQ: NWBO).
On June 19, 2014, TheStreet.com published an article stating that "[t]he prestigious MD Anderson Cancer Center issued a stern rebuke to Northwest Biotherapeutics for making promotional, unjustified claims about results from an ongoing clinical trial of an experimental cancer vaccine known as DCVax-Direct… MD Anderson is running the DCVax-Direct phase I/II clinical trial with funding from Northwest Bio[therapeutics], which makes the hospital's criticism of the company's tactics even more significant."
Following this news, the price of Northwest shares declined by $1.79 per share, or over 19%, to close on June 19, 2014 at $7.18 per share.
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If you invested in Northwest stock or options prior to June 19, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/NWBO. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Northwest's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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