{"id":808638,"date":"2025-02-04T11:59:25","date_gmt":"2025-02-04T16:59:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/"},"modified":"2025-02-04T11:59:25","modified_gmt":"2025-02-04T16:59:25","slug":"cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/","title":{"rendered":"Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Feb.  04, 2025  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>Cassava Sciences, Inc.<\/strong> (&#8220;Cassava Sciences, Inc.&#8221; or the &#8220;Company&#8221;) (NASDAQ: SAVA) of a class action securities lawsuit.<\/p>\n<p>\n        <strong>CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of Cassava Sciences, Inc. investors who were adversely affected by alleged securities fraud between February 7, 2024 and November 24, 2024. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XClTtpI7mrEHuXurHHhVDkxowoSHRh8Y3Uamz8vPB1xYeJAE-MOA07D5eLjDIBdygs2Jh8j7rRutuudm-rjzlZBfyWYd-hv4-hlASgPSHg6hI6OPMemPAemherCVWEXZJuJW0ytlBQyR7Rweawab2Y25EHYof1PKKQ-CA6A14hO-cdybiQR5Peyc9w_Qe8nMQt1_wXameS8DPh-mD6xSVrCi7qezEnBe0i9rXHx7Btv-9lOoDN9O-f6tm2UTQb0ykly6s2XGT9a6hrKDBe4KKA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/cassava-sciences-inc-lawsuit-submission-form?prid=126773&amp;wire=3<\/a>\n      <\/p>\n<p>\n        <strong>SAVA<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=a1c1F7NeKU2PCyWWyd5f_dswi6QSba98y1B-GdLpNb7lh6KZaKVYLV_FPmmY1fQtOSsabmSE3oA9muTNxNldekMSUzXUGXsAxK5NJVyK7do=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.<\/p>\n<p>\n        <strong>CASE DETAILS: <\/strong>According to the complaint, defendants provided investors with material information concerning Cassava\u2019s leading drug candidate, simufilam. Defendants\u2019 statements included, among other things, clear confidence in simufilam\u2019s ability to treat Alzheimer\u2019s Disease. On November 25, 2024, Cassava released topline results for the first of its two ongoing Phase 3 studies on simufilam, the \u201cReThink-ALZ\u201d study. The results indicated that simufilam failed to meet each of the pre-specified primary, secondary, and exploratory endpoints; in sum, simufilam failed to outperform the placebo. Following this news, the price of Cassava\u2019s common stock declined dramatically. From a closing market price of $26.48 per share on November 22, 2024, Cassava\u2019s stock price fell to $4.30 per share on November 25, 2024, a decline of about 83.76% in the span of just a single day.<\/p>\n<p>\n        <strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in Cassava Sciences, Inc. during the relevant time frame, you have until <strong>February 10, 2025<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY: <\/strong>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 17th Floor<br \/>New York, NY 10004<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=a1c1F7NeKU2PCyWWyd5f_dswi6QSba98y1B-GdLpNb5GqEmozEg8y7mGmxwslgXkHugaWSGDg2k-pIPjU9P42LSPNV-0Fu6p25b0Dmc1wOE=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=f-DkY1XEnR3pWTciJK6DcxDYKlzWqj8PoCVcm7Xjh-kXkz6_-pNkoZCcaU5_eEAiwfY278w0zI9Y4HSc2ioNKg==\" rel=\"nofollow\" target=\"_blank\">www.zlk.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MjAxMCM2NzMyOTUyIzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OGJiNTcyYjYtODBjZS00NDk4LWI4MDMtNTYxMGZiZGJkNTdjLTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Cassava Sciences, Inc. (&#8220;Cassava Sciences, Inc.&#8221; or the &#8220;Company&#8221;) (NASDAQ: SAVA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cassava Sciences, Inc. investors who were adversely affected by alleged securities fraud between February 7, 2024 and November 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/cassava-sciences-inc-lawsuit-submission-form?prid=126773&amp;wire=3 SAVA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Cassava\u2019s leading drug candidate, simufilam. Defendants\u2019 statements included, among &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808638","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Cassava Sciences, Inc. (&#8220;Cassava Sciences, Inc.&#8221; or the &#8220;Company&#8221;) (NASDAQ: SAVA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cassava Sciences, Inc. investors who were adversely affected by alleged securities fraud between February 7, 2024 and November 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/cassava-sciences-inc-lawsuit-submission-form?prid=126773&amp;wire=3 SAVA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Cassava\u2019s leading drug candidate, simufilam. Defendants\u2019 statements included, among &hellip; Continue reading &quot;Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-04T16:59:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MjAxMCM2NzMyOTUyIzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cassava Sciences, Inc. 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Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/","og_locale":"en_US","og_type":"article","og_title":"Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA - Market Newsdesk","og_description":"NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Cassava Sciences, Inc. (&#8220;Cassava Sciences, Inc.&#8221; or the &#8220;Company&#8221;) (NASDAQ: SAVA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cassava Sciences, Inc. investors who were adversely affected by alleged securities fraud between February 7, 2024 and November 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/cassava-sciences-inc-lawsuit-submission-form?prid=126773&amp;wire=3 SAVA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Cassava\u2019s leading drug candidate, simufilam. Defendants\u2019 statements included, among &hellip; Continue reading \"Cassava Sciences, Inc. Class Action: Levi &amp; Korsinsky Reminds Cassava Sciences, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 \u2013 SAVA\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-04T16:59:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MjAxMCM2NzMyOTUyIzIwMjA0MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cassava-sciences-inc-class-action-levi-korsinsky-reminds-cassava-sciences-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-february-10-2025-sav\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cassava Sciences, Inc. 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