NEW YORK, NY / ACCESS Newswire / January 5, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation of Corcept Therapeutics Incorporated ("Corcept Therapeutics Incorporated") (NASDAQ:CORT) concerning possible violations of federal securities laws.
What Happened?
• On December 31, 2025, Corcept announced it received a CRL from the FDA, denying approval of Corcept’s new drug application for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism.
• According to the Company’s release, the FDA acknowledged the results of the previous GRACE and GRADIENT drug trials, but "concluded it could not arrive at a favorable benefit-risk assessment for relacordilant without Corcept providing additional evidence of effectiveness"
Why it Matters:
• Today, in direct response to this news, Corcept’s stock price fell by $31.42 (44.76%) per share to open at $38.78 per share on December 31, 2025.
• This drop marks a new 52-week low for Corcept’s stock, dropping to levels not seen since September 2024. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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