If the requirements are weak. These meetings try to shore up weak requirements. If the requirements are strong these meetings are not important and wasteful.
An assertive dev will look at the requirements, try to figure out how that fits, and then reply back to stakeholders if it's unfeasible. Everyone else will sit there for a week bashing their brains out against a keyboard and have continually increased anxiety because they've been assigned an impossible task. The time for a dev to be involved in the process is during requirements gathering as a partner to the process, not after a contract for work has been signed by the client.