Cassava Sciences, Inc.

Brazeau v. Cassava Sciences, Inc. et al, (Case No. 1:21cv00751), W.D. Tex.

On August 24, 2021, after market hours, Cassava Sciences stock dropped over 20% in response to a report raising concerns over the quality of the studies into the Company’s experimental Alzheimer’s drug simufilam. A letter posted on a government website urged the U.S. Food and Drug Administration’s (FDA) center for drug evaluation and research to pause simufilam clinical trials.

On this news, Cassava’s stock price plunged over 20%, in after hours trading on August 24, 2021.

Lead Plaintiff deadline
October 26, 2021
class period
September 14, 2020
August 27, 2021
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