{"id":911194,"date":"2025-11-18T11:13:50","date_gmt":"2025-11-18T16:13:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-skye-bioscience-inc-skye\/"},"modified":"2025-11-18T11:13:50","modified_gmt":"2025-11-18T16:13:50","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-skye-bioscience-inc-skye","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-skye-bioscience-inc-skye\/","title":{"rendered":"Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against Skye Bioscience, Inc. (SKYE)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  18, 2025  (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf of all persons or entities who purchased or otherwise acquired Skye Bioscience, Inc. (\u201cSyke\u201d or the \u201cCompany\u201d) (NASDAQ: SKYE) securities between November 4, 2024 and October 3, 2025, inclusive (the \u201cClass Period\u201d).<\/p>\n<p align=\"justify\">The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Skye\u2019s business, operations, and prospects. The Complaint alleges that specifically, Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) nimacimab was less effective than Defendants had led investors to believe; (ii) accordingly, nimacimab\u2019s clinical, regulatory, and commercial prospects were overstated; and (iii) as a result, Defendants\u2019 public statements were materially false and misleading at all relevant times.<\/p>\n<p align=\"justify\">Investors who purchased or otherwise acquired shares of Skye should contact the Firm prior to the <strong><u>January 16, 2026<\/u><\/strong> lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0 If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna &amp; Egleston at (212) 983-1300, or via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=o23MWKCEkd63eeTj3godl5Bc_UQ3GmoodnUUgysZJEFQP86f69EqNllDNW1sooIU0eqFprvExTqe1bq3hAby6guUDNQ-gT_XO_noDJtrnlg=\" rel=\"nofollow\" target=\"_blank\"><u>tjmckenna@gme-law.com<\/u><\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1irn_wMr68RGTQa5aJIA7NV9MuEd79DYqgRS5wNphavcJJxyg-zHWvAVOkx2N-2gW5Dui_loTz9ELdESuYL1A1Z1lzpl7xYPszsUWhb3Neo=\" rel=\"nofollow\" target=\"_blank\"><u>gegleston@gme-law.com<\/u><\/a>.<\/p>\n<p align=\"justify\">Please visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=F7K5RoZB9GE85bPdi_4_r9yE7Op_FdT1YsPT-6HTJBdRqYAWLevjrkmZsR4nX77bR3tqojb2bCm5SD47dpEa7NQNFFsy9yveL7OvMyuD-GQ=\" rel=\"nofollow\" target=\"_blank\"><u>http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3ODAyNiM3MjcwNzMzIzIwMTc3MDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGEyYzgxYTMtNjJhNS00YWI2LThjNDYtODQyY2JkMjhjODQ1LTEwMjkyNzQtMjAyNS0xMS0xOC1lbg==\/tiny\/Gainey-McKenna-Egleston.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf of all persons or entities who purchased or otherwise acquired Skye Bioscience, Inc. (\u201cSyke\u201d or the \u201cCompany\u201d) (NASDAQ: SKYE) securities between November 4, 2024 and October 3, 2025, inclusive (the \u201cClass Period\u201d). The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Skye\u2019s business, operations, and prospects. The Complaint alleges that specifically, Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) nimacimab was less effective than Defendants had led investors to believe; (ii) accordingly, nimacimab\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-skye-bioscience-inc-skye\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against Skye Bioscience, Inc. (SKYE)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-911194","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against Skye Bioscience, Inc. (SKYE) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-skye-bioscience-inc-skye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against Skye Bioscience, Inc. (SKYE) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf of all persons or entities who purchased or otherwise acquired Skye Bioscience, Inc. (\u201cSyke\u201d or the \u201cCompany\u201d) (NASDAQ: SKYE) securities between November 4, 2024 and October 3, 2025, inclusive (the \u201cClass Period\u201d). The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Skye\u2019s business, operations, and prospects. The Complaint alleges that specifically, Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) nimacimab was less effective than Defendants had led investors to believe; (ii) accordingly, nimacimab\u2019s &hellip; Continue reading &quot;Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against Skye Bioscience, Inc. 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