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Description: A key component in correcting misinformation is the removal of incorrect information and subsequent updating of the associated mental model. Whilst a body of behavioural research has examined this phenomenon, neuroscientific research in the area is lacking. The current study aimed to examine differences in three event-related potential (ERP) components associated with memory encoding and updating: a left-frontal positivity, the feedback-related negativity, and the parietal P3b. Participants were 39 young adults who were presented with 70 statements that they were required to judge as myths or facts whilst electroencephalographic data were recorded, and then again after a one-week retention interval. Differences between ERP component amplitudes of correctly and incorrectly classified statements were analysed when feedback was presented to participants during testing period 1. Behavioural performance improved across testing periods, but frequentist and Bayesian analyses found no differences between ERP amplitudes elicited by correct or incorrect feedback. It is likely that no effect was observed due to memory removal and updating processes being variable in terms of onset and/or duration. Future research could consider employing analyses that do not include a temporal dimension or adjust for latency variability to investigate if any reliable non-time-locked electrophysiological modulations occur during misinformation correction.