Corcept Therapeutics Incorporated (NASDAQ: CORT)

This investigation is for anyone who acquired securities in Corcept Therapeutics Incorporated (NASDAQ: CORT) prior to January 29, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the FDA would likely approve the Company’s NDA for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism when the Company knew that such approval was unlikely based on its conversations with the FDA.

On December 31, 2025, Corcept announced the U.S. Food and Drug Administration (“FDA”) had issued a Complete Response Letter (“CRL”), declining to approve the Company’s New Drug Application (“NDA”) for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism. The Company stated it was “surprised and disappointed by this outcome.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on January 29, 2026, the FDA published an updated CRL regarding Corcept’s relacorilant NDA. The updated letter revealed that “[d]uring the pre-submission meetings, [the FDA] informed [Corcept] on several occasions of [its] concerns about the adequacy of the clinical development program to assess the effect of relacorilant” and “to expect significant review issues if [Corcept] were to submit [its] application.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Corcept Therapeutics Incorporated (NASDAQ: CORT) prior to January 29, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.