Kaplan Fox & Kilsheimer LLP is investigating potential securities law violations by Corcept Therapeutics, Inc. (NASDAQ: CORT) following two significant stock drops. The first occurred after the FDA issued a Complete Response Letter for relacorilant, citing insufficient evidence of effectiveness, causing a 50% stock decline. A subsequent correction to the CRL revealed the FDA had previously warned Corcept about the inadequacy of its clinical program, leading to another 12% drop.
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CORT INVESTIGATION REMINDER: Corcept Therapeutics Faces Potential Securities Law Violations - Contact Kaplan Fox & Kilsheimer LLP
Kaplan Fox & Kilsheimer LLP is investigating potential securities law violations by Corcept Therapeutics, Inc. (NASDAQ: CORT) following two significant stock drops. The first occurred after the FDA issued a Complete Response Letter for relacorilant, citing insufficient evidence of effectiveness, causing a 50% stock decline. A subsequent correction to the CRL revealed the FDA had previously warned Corcept about the inadequacy of its clinical program, leading to another 12% drop.