{"id":6938,"date":"2024-12-18T10:52:00","date_gmt":"2024-12-18T03:52:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/12\/18\/2998750\/6713\/en\/CASSAVA-SCIENCES-SHAREHOLDER-ALERT-BY-FORMER-LOUISIANA-ATTORNEY-GENERAL-KAHN-SWICK-FOTI-LLC-REMINDS-INVESTORS-WITH-LOSSES-IN-EXCESS-OF-100-000-of-Lead-Plaintiff-Deadline-in-Class-A.html"},"modified":"2024-12-18T11:03:26","modified_gmt":"2024-12-18T04:03:26","slug":"cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\/","title":{"rendered":"CASSAVA SCIENCES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK &amp; FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cassava Sciences, Inc. - SAVA"},"content":{"rendered":"\n<p align=\"justify\">NEW ORLEANS, Dec. 17, 2024 (GLOBE NEWSWIRE) &#8212; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until <strong><u>February 10, 2025<\/u><\/strong> to file lead plaintiff applications in a securities class action lawsuit against Cassava Sciences, Inc. (NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Western District of Texas.<\/p>\n<p align=\"justify\">What You May Do<\/p>\n<p align=\"justify\">If you purchased securities of Cassava and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit <a href=\"https:\/\/www.ksfcounsel.com\/cases\/nasdaqcm-sava\/\" rel=\"nofollow\" target=\"_blank\" title>https:\/\/www.ksfcounsel.com\/cases\/nasdaqcm-sava\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by <strong><u>February 10, 2025<\/u><\/strong>.<\/p>\n<p align=\"justify\">About the Lawsuit<\/p>\n<p align=\"justify\">Cassava and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.<\/p>\n<p align=\"justify\">On November 25, 2024, the Company disclosed topline results for the first of its two ongoing Phase 3 studies on its leading drug candidate, simufilam, the \u201cReThink-ALZ\u201d study, that indicated that simufilam failed to meet each of the pre-specified primary, secondary, and exploratory endpoints; in sum, simufilam failed to outperform the placebo.<\/p>\n<p align=\"justify\">On this news, the price of Cassava\u2019s shares fell approximately 83%, from a closing price of $26.48 per share on November 22, 2024, to $4.30 per share on November 25, 2024.<\/p>\n<p align=\"justify\">The case is <em>Crocker v. Cassava Sciences, Inc.,<\/em> <em>et al., <\/em>No. 24-cv-1525.<\/p>\n<p align=\"justify\">About Kahn Swick &amp; Foti, LLC<\/p>\n<p align=\"justify\">KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Chicago, Louisiana and New Jersey.<\/p>\n<p align=\"justify\">To learn more about KSF, you may visit <a href=\"http:\/\/www.ksfcounsel.com\" rel=\"nofollow\" target=\"_blank\" title=\"www.ksfcounsel.com\">www.ksfcounsel.com<\/a>.<\/p>\n<p>Contact:<\/p>\n<p>Kahn Swick &amp; Foti, LLC<\/p>\n<p align=\"justify\">Lewis Kahn, Managing Partner<br \/><u><a href=\"mailto:lewis.kahn@ksfcounsel.com\" rel=\"nofollow\" target=\"_blank\" title=\"lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a><\/u><br \/>1-877-515-1850<br \/>1100 Poydras St., Suite 960<br \/>New Orleans, LA 70163<\/p>\n<p><img decoding=\"async\" alt src=\"https:\/\/ml.globenewswire.com\/media\/OTZiZDg4ZmItMzllZS00OGExLTk2MTEtNjJiYzhhNmQ1MDczLTEwMjkyNDE=\/tiny\/Kahn-Swick-Foti-LLC.png\" referrerpolicy=\"no-referrer-when-downgrade\">  <\/p>\n","protected":false},"excerpt":{"rendered":"<p> NEW ORLEANS, Dec. 17, 2024 (GLOBE NEWSWIRE) &#8212; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against Cassava Sciences, Inc. (NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6939,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-6938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CASSAVA SCIENCES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK &amp; FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cassava Sciences, Inc. - SAVA<\/title>\n<meta name=\"description\" content=\"NEW ORLEANS, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against Cassava Sciences, Inc. (NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). 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(NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoinsider.asia\/vi\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Insider\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/yourcryptoinsider\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-18T03:52:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-18T04:03:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ml.globenewswire.com\/media\/OTZiZDg4ZmItMzllZS00OGExLTk2MTEtNjJiYzhhNmQ1MDczLTEwMjkyNDE=\/tiny\/Kahn-Swick-Foti-LLC.png\" \/>\n<meta name=\"author\" content=\"Crypto Insider\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Insider\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 ph\u00fat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\\\/\"},\"author\":{\"name\":\"Crypto Insider\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/#\\\/schema\\\/person\\\/e81ca31713268a414ddbed321d3383d6\"},\"headline\":\"CASSAVA SCIENCES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK &amp; 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Foti, Jr., remind investors that they have until February 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against Cassava Sciences, Inc. (NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court...","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":"NEW ORLEANS, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against Cassava Sciences, Inc. 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(NasdaqCM: SAVA), if they purchased the Company\u2019s securities between February 7, 2024 and November 24, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court...","og_url":"https:\/\/cryptoinsider.asia\/vi\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\/","og_site_name":"Crypto Insider","article_publisher":"https:\/\/www.facebook.com\/yourcryptoinsider","article_published_time":"2024-12-18T03:52:00+00:00","article_modified_time":"2024-12-18T04:03:26+00:00","og_image":[{"url":"https:\/\/ml.globenewswire.com\/media\/OTZiZDg4ZmItMzllZS00OGExLTk2MTEtNjJiYzhhNmQ1MDczLTEwMjkyNDE=\/tiny\/Kahn-Swick-Foti-LLC.png","type":"","width":"","height":""}],"author":"Crypto Insider","twitter_card":"summary_large_image","twitter_misc":{"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi":"Crypto Insider","\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc":"2 ph\u00fat"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptoinsider.asia\/vi\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\/#article","isPartOf":{"@id":"https:\/\/cryptoinsider.asia\/vi\/cassava-sciences-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit\/"},"author":{"name":"Crypto Insider","@id":"https:\/\/cryptoinsider.asia\/#\/schema\/person\/e81ca31713268a414ddbed321d3383d6"},"headline":"CASSAVA SCIENCES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK &amp; 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