NASDAQ: SAVA

Cassava Sciences, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Cassava Sciences, Inc. (NASDAQ: SAVA) between August 18, 2022 and October 12, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 2, 2024.

If you purchased Cassava securities during the Class Period and would like to join the action, please click “Join This Class Action.”

集体诉讼期:August 18, 2022 through October 12, 2023

截止期限:

35 Days
If you purchased Cassava securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

案件详情:

According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that:

  • Cassava failed to maintain adequate and effective data management controls and procedures related to its drug research programs;
  • as a result, the data published in support of simufilam, Cassava’s lead therapeutic drug candidate, were susceptible to manipulation to overstate the drug’s effectiveness;
  • accordingly, Cassava had misrepresented the efficacy of its research programs and the clinical and/or commercial prospects of simufilam;
  • all of the foregoing, once revealed, was likely to subject Cassava to significant financial and/or reputational harm; and
  • as a result, Cassava’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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公司名称: Cassava Sciences, Inc.
股票代号: SAVA
集体诉讼期: August 18, 2022 through October 12, 2023
法院: United States District Court for the Northern District of Illinois

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