Northwest Biotherapeutics (NWBO) is suing Citadel Securities, Susquehanna International, and other names on the Street for manipulating its share price via illegal trades, according to the Wall Street Journal.
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The biotechnology company has accused market-making firms of ‘spoofing’ the order book (a flurry of orders that are canceled immediately) which led to a decline in its share price.
NWBO shares have gained nearly 10.6% year-to-date.
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