EFTA Document EFTA01412850

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Subject: FW: (BFW) Avalanche Bio Falls After Scrapping Plans for Ph.2b Study [C] From: Vahe Stepanian ‹ > Date: Fri, 14 Aug 2015 10:32:36 -0400 To: jeffrey E. <jeevacation@•mail.com> Cc: Daniel Sabba Ariane Dwyer Paul Morris < Stewart Oldfield Richard Kahn Classification: Confidential Jeffrey - posting you on AAVL. The stock is down -25% today to $10.289 on the back of news that it plans to scrap a planned Phase 2b trial - additional details below. Recall that Southern Financial is

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Dept. of Justice

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sd-10-EFTA01412850

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