aTyr Pharma Faces Class Action Lawsuit Over Securities Fraud Allegations

Reuters12-08 20:42

aTyr Pharma Faces Class Action Lawsuit Over Securities Fraud Allegations

A class action lawsuit has been filed against aTyr Pharma Inc. on behalf of investors who suffered losses due to alleged securities fraud between November 7, 2024, and September 12, 2025. The lawsuit claims that the company made false and misleading statements and concealed material adverse information regarding the efficacy of its drug candidate, Efzofitimod, specifically its ability to allow patients to completely taper their steroid usage. The situation escalated when, on September 15, 2025, aTyr Pharma announced that its EFZO-FIT study did not meet its primary endpoint, leading to an 83.2% drop in the company's stock price in a single day. The law firm Levi & Korsinsky is representing shareholders in this case.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. aTyr Pharma Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1115395) on December 08, 2025, and is solely responsible for the information contained therein.

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