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NASDAQ:CORT Shareholder Notice: Lawsuit Alleges Misleading Statements by Corcept Therapeutics Incorporated

Via: ReleaseWire

Updated 12:15 PM CDT, Tue, March 26,2019

A lawsuit was filed on behalf of investors in Corcept Therapeutics Incorporated (NASDAQ: CORT) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 03/26/2019 -- An investor, who purchased shares of Corcept Therapeutics Incorporated (NASDAQ: CORT), filed a lawsuit over alleged Securities Laws violations by Corcept Therapeutics in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Corcept Therapeutics Incorporated (NASDAQ: CORT) have certain options and for certain investors are short and strict deadlines running. Deadline: May 13, 2019. NASDAQ: CORT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that between August 2, 2017 and February 5, 2019, the defendants failed to disclose to investors that the Company had improperly paid doctors to promote its drug Korlym, that the Company aggressively promoted Korlym for off-label uses, that the Company's sole specialty pharmacy was a related party, that the Company artificially inflated its revenue and sales using illicit sales practices through a related party, that such practices are reasonably likely to lead to regulatory scrutiny, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Corcept Therapeutics Incorporated (NASDAQ: CORT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqcort-shareholder-notice-lawsuit-alleges-misleading-statements-by-corcept-therapeutics-incorporated-1181172.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com