Cassava Sciences, Inc. Class Action Lawsuit - SAVA

Company
Cassava Sciences, Inc. (NASDAQ: SAVA)
Lead Plaintiff Deadline
October 26, 2021 (Expired)
Class Period
February 2, 2021 - August 24, 2021

Expired

Lead Plaintiff Deadline

Oct 26, 2021

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Allegations

(a) the quality and integrity of the scientific data supporting Cassava’s claims for simufilam’s, a small molecule drug designed to treat Alzheimer's disease, efficacy had been overstated; (b) the scientific data supporting Cassava’s claims for simufilam’s efficacy were biased; and (c) as a result of the foregoing, Defendants’ positive statements during the Class Period about the Company’s business metrics and financial prospects and the likelihood of Food and Drug Administration approval were false and misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the SAVA class action lawsuit, you must have incurred a loss on shares of Cassava purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Cassava during the relevant time frame or pursuant to the relevant offering(s), you have until October 26, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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