1 February 2025

Radnor, Pennsylvania–(Newsfile Corp. – January 25, 2025) – Law firm Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) has informed investors that a securities class action lawsuit has been filed against Cassava Sciences (NASDAQ):), Inc. (“Cassava”) (NASDAQ: SAVA) on behalf of those who purchased or acquired Cassava securities between February 7, 2024 and November 24, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 10, 2025.

Contact KESSLER TOPAZ MELTZER & CHECK, LLP:

If you experience cassava losses, this may happen Click here Or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/cassava-sciences-inc-2024?utm_source=PR&utm_medium=link&utm_campaign=sava&mktm=r

You can also contact a lawyer Jonathan Nagy, Esq. By calling (484) 270-1453 or by email at info@ktmc.com.

The Defendants' Alleged Misconduct:

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and future prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) the cassava drug, Simofilam, was unable to halt the progression of Alzheimer's disease, even in mild to moderate cases; and (2) as a result, Defendants' statements about the Company's business, operations, and future prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

please Click here To watch our video or copy and paste this link into your browser: https://youtu.be/DkxXQ_P5Nn4

Lead Plaintiff Process:

Cassava investors can, No later than February 10, 2025, It seeks to be appointed as lead plaintiff for the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may elect to do nothing and remain an absent member of the class. A lead plaintiff is a representative party acting on behalf of all class members in directing the lawsuit. The lead plaintiff is usually the investor or a small group of investors who have the largest financial interest and who are also considered appropriate and typical of the proposed class of investors. The lead plaintiff selects an attorney to represent the lead plaintiff and the class and those attorneys, if approved by the court, are the lead attorneys or the class. Your ability to participate in any recovery is not affected by the decision of whether or not to serve as lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages cassava investors who have incurred significant losses to contact the firm directly for further information.

Click here To register for the case or go to: https://www.ktmc.com/new-cases/cassava-sciences-inc-2024?utm_source=PR&utm_medium=link&utm_campaign=sava&mktm=r

About Kessler Topaz Meltzer & Czech LLP:

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts across the country and around the world. The company has earned a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by corporations and credit institutions. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Czech, LLP, please visit www.ktmc.com.

It may be considered an attorney's advertisement in some jurisdictions. Past results do not guarantee future results.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238408

Leave a Reply

Your email address will not be published. Required fields are marked *