SEC Moves To Set Up $40M Investor Fund In Cassava Case

By Mark Payne · April 3, 2026, 6:52 PM EDT

The U.S. Securities and Exchange Commission asked a Texas federal court on Friday to establish a $40 million fund to potentially compensate investors harmed by a Texas biopharmaceutical company and two...

To view the full article, register now.

Documents

Case Information

Case Title

Securities & Exchange Commission v. Cassava Sciences, Inc. et al

Case Number

1:24-cv-01150

Court

Texas Western

Nature of Suit

Securities/Commodities

Date Filed

September 26, 2024