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CORCEPT THERAPEUTICS INCORPORATED (NASDAQ: CORT) INVESTIGATION ALERT: Bernstein Liebhard is Investigating Possible Securities Claims against Corcept Therapeutics Incorporated

Key Takeaway: Corcept Therapeutics is under investigation by Bernstein Liebhard LLP for potentially violating federal securities laws following a significant stock drop. On December 31, 2025, the FDA issued a Complete Response Letter regarding Corcept's New Drug Application for relacorilant, indicating that the company must provide additional evidence of effectiveness. The news led to a sharp decline in Corcept's stock price, highlighting investor concerns over the company's ability to meet regulatory requirements.

Market Sentiment Analysis

CONCERNS & RISKS

  • The FDA issued a Complete Response Letter rejecting Corcept's NDA for relacorilant.
  • Corcept's stock price fell by over 50% following the FDA's announcement.
  • The FDA required additional evidence of effectiveness, creating uncertainty for the company's prospects.

Full Press Release Details

NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) --
Do you, or did you, own shares of Corcept Therapeutics Incorporated (NASDAQ: CORT)?
Did you lose money in your investment in Corcept Therapeutics Incorporated?
Do you want to discuss your rights?
Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, is investigating whether Corcept Therapeutics Incorporated (“Corcept” or the “Company”) (NASDAQ: CORT) violated federal securities laws.
If you own Corcept stock and would like to discuss your legal rights and options, please visit Corcept Therapeutics Incorporated Shareholder Investigation or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
On December 31, 2025, Corcept issued a press release “announc[ing] that the U.S. Food and Drug Administration . . . has issued a Complete Response Letter (CRL) regarding the New Drug Application (NDA) for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism.” The press release stated that “[w]hile the FDA acknowledged that Corcept's pivotal GRACE trial met its primary endpoint and that data from the company's GRADIENT trial provided confirmatory evidence, the Agency concluded it could not arrive at a favorable benefit-risk assessment for relacorilant without Corcept providing additional evidence of effectiveness.”
On this news, Corcept's stock price fell $35.40 per share, or 50.42%, to close at $34.80 per share on December 31, 2025.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Bernstein Liebhard LLP

Tags

corcept therapeutics
corcept investigation

Frequently Asked Questions

What prompted the investigation into Corcept Therapeutics?

The investigation follows Corcept's issuance of a Complete Response Letter from the FDA regarding its new drug application.

How much did Corcept's stock drop after FDA's announcement?

Corcept's stock fell by $35.40 per share, a decline of 50.42%, closing at $34.80.

Who can I contact regarding my Corcept investment rights?

Contact Peter Allocco at Bernstein Liebhard LLP at (212) 951-2030 or pallocco@bernlieb.com.

What is Bernstein Liebhard LLP known for?

The firm is recognized for recovering over $3.5 billion and monitoring assets for pension funds.

How can I learn more about the Corcept investigation?

Visit the Corcept Therapeutics Shareholder Investigation page for more information.

Last updated: Feb 17, 2026