Corcept Investors File Securities Class Action Over Relacorilant NDA Disclosures

Reuters02-21 09:29

Corcept Investors File Securities Class Action Over Relacorilant NDA Disclosures

Corcept Therapeutics Incorporated is facing a proposed securities class action in the U.S. District Court for the Northern District of California on behalf of investors who bought shares between Oct. 31, 2024 and Dec. 30, 2025. The suit alleges the company and certain executives misled investors about the strength of evidence and regulatory prospects for its relacorilant new drug application, before the FDA issued a Complete Response Letter seeking additional evidence of effectiveness, after which Corcept’s stock fell more than 50%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corcept Therapeutics Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602202028PRIMZONEFULLFEED9658710) on February 21, 2026, and is solely responsible for the information contained therein.

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