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The Wall Street Publication > Blog > Business > SEC Investigating Cassava Sciences, Developer of Experimental Alzheimer’s Drug
Business

SEC Investigating Cassava Sciences, Developer of Experimental Alzheimer’s Drug

Editorial Board Published November 17, 2021
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SEC Investigating Cassava Sciences, Developer of Experimental Alzheimer’s Drug
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The Securities and Exchange Commission is investigating claims that Cassava Sciences Inc., the sixth-best performing U.S. stock this year, manipulated research results of its experimental Alzheimer’s drug, according to people familiar with the matter.

Cassava disclosed Monday in a securities filing that it is cooperating with government investigations, without naming any agency. Cassava said an investigation isn’t a sign that wrongdoing occurred.

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