Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The latest update is out from Cassava Sciences ( (SAVA) ).
Cassava Sciences has settled with the SEC over allegations of misleading statements related to its Alzheimer’s drug trial, agreeing to a $40 million penalty while not admitting wrongdoing. The settlement, awaiting court approval, also involves two former employees and comes with a permanent injunction against future violations. Cassava has since taken steps to bolster corporate governance and is focusing on ongoing Phase 3 trials, with a hopeful outlook for its drug simufilam’s potential to aid Alzheimer’s patients.
Find detailed analytics on SAVA stock on TipRanks’ Stock Analysis page.
