An investigation on behalf of current long term investors in Cassava Sciences, Inc. (NASDAQ:SAVA) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA -- (SBWire) -- 11/15/2021 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Cassava Sciences, Inc..

Investors who are current long term investors in Cassava Sciences, Inc. (NASDAQ: SAVA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NASDAQ: SAVA stocks follows a lawsuit filed against Cassava Sciences, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SAVA stocks, concerns whether certain Cassava Sciences directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and misleading statements and failed to disclose that the quality and integrity of the scientific data supporting Cassava Sciences' claims for simufilam's efficacy had been overstated, that the scientific data supporting Cassava Sciences' claims for simufilam's efficacy were biased; and that as a result, defendants' positive statements during the Class Period about Cassava Sciences' business metrics and financial prospects and the likelihood of U.S. Food Drug Administration ("FDA") approval were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of Cassava Sciences, Inc. (NASDAQ: SAVA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.