Jan. 16 Deadline Nears in Skye Bioscience Investor Class Actions
Plaintiffs say the company misrepresented the promise of nimacimab after a trial update reported the primary goal was not met.
Overview
- Rosen Law Firm and other plaintiffs' firms are urging investors to act before the January 16, 2026 cutoff to seek lead-plaintiff status in the securities case against Skye Bioscience.
- The lawsuits target purchasers of Skye securities from November 4, 2024 through October 3, 2025, the period defined in the complaints.
- Filed complaints allege Skye overstated nimacimab’s effectiveness and exaggerated its clinical, regulatory, and commercial prospects, rendering public statements misleading.
- On October 6, 2025, Skye reported topline Phase 2a CBeyond data showing the primary weight-loss endpoint was not met, and the stock closed down 60% at $1.90 that day.
- No class has been certified, and investors may share in any potential recovery without serving as lead plaintiff, according to firm notices.