A securities fraud class action lawsuit has been filed against Corcept Therapeutics Incorporated in the U.S. District Court for the Northern District of California on behalf of investors who acquired shares between Oct. 31, 2024 and Dec. 30, 2025. The suit alleges the company and certain executives failed to disclose material information about the likelihood of FDA approval for relacorilant, after the FDA issued a Complete Response Letter seeking additional evidence of effectiveness. Corcept shares fell 50.4% on Dec. 31, 2025 following the disclosure, and investors have until April 21, 2026 to seek appointment as lead plaintiff.
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: 202602242148PRIMZONEFULLFEED9660830) on February 25, 2026, and is solely responsible for the information contained therein.
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