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Northwest Biotherapeutics Settles Litigation Over Option Awards

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Northwest Biotherapeutics Settles Litigation Over Option Awards

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Northwest Biotherapeutics ( (NWBO) ) has shared an update.

Northwest Biotherapeutics has reached a settlement agreement on October 9, 2025, with Lead Plaintiff F. Glenn Schaeffer regarding litigation over option awards made in 2020 to the company’s management and directors. The settlement involves the cancellation of 17% of the challenged options and a $2.25 million payment from the company’s insurers. This agreement concludes a year-long negotiation and mediation process, resolving claims from an amended complaint filed on October 14, 2025. The settlement is subject to court approval, and the company’s insurers will separately cover any attorney fees awarded.

More about Northwest Biotherapeutics

Average Trading Volume: 3,083,404

Technical Sentiment Signal: Strong Sell

Current Market Cap: $369.8M

See more data about NWBO stock on TipRanks’ Stock Analysis page.

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