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SKYE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Skye Bioscience, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Key Takeaway: A class action lawsuit has been initiated against Skye Bioscience, Inc. for allegedly making false and misleading statements regarding their drug nimacimab. The lawsuit claims that Skye overstated the drug's effectiveness and its commercial prospects, negatively impacting investors who acquired the company's securities during the specified Class Period. Investors are encouraged to participate in the legal action due to reported substantial losses. The law firm handling the case, Bronstein, Gewirtz & Grossman, LLC, has a history of recovering significant amounts for investors in similar situations.

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CONCERNS & RISKS

  • Class action lawsuit filed against Skye Bioscience for alleged violations of federal securities laws.
  • Claims that company made false and misleading statements about nimacimab's effectiveness.
  • Investors reported substantial losses during the Class Period.
  • Legal action indicates significant concerns regarding the company's transparency and viability.

Full Press Release Details

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Skye Bioscience, Inc. (“Skye” or “the Company”) (NASDAQ: SKYE) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Skye securities between November 4, 2024 and October 3, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/SKYE.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Skye’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) nimacimab was less effective than Defendants had led investors to believe; (2) accordingly, nimacimab’s clinical, regulatory, and commercial prospects were overstated; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/SKYE. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Skye you have until January 16, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

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Frequently Asked Questions

What is the lawsuit against Skye Bioscience about?

The lawsuit seeks damages for alleged violations of federal securities laws related to misleading statements about Skye's operations and the effectiveness of nimacimab.

Who can join the class action lawsuit?

Investors who bought Skye securities between November 4, 2024, and October 3, 2025, can join the case.

What is the deadline to request lead plaintiff status?

The deadline to request lead plaintiff status is January 16, 2026.

What are the costs associated with the class action?

There is no cost upfront; fees are only recovered if the firm is successful in the lawsuit.

How can I contact Bronstein, Gewirtz & Grossman, LLC?

You can contact the firm at 332-239-2660 or email info@bgandg.com for inquiries.

Last updated: Dec 1, 2025