secwatch.observer — SEC 8-K summary
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Issuer:     CORCEPT THERAPEUTICS INC (CORT)
CIK:        0001088856
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001193125-23-034374
Event type: litigation
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corcept reaches preliminary $14M settlement in securities class action; insurer to pay
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- Settlement of Melucci v. Corcept case in Northern District of California.
- One-time $14.0M payment fully covered by Corcept's insurers.
- Case was pending since 2019; settlement is preliminary subject to court approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088856/000119312523034374/0001193125-23-034374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088856/000119312523034374/d458557d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-034374

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer