aTyr Investors Face Dec. 8 Deadline in Securities Suits Over Efzofitimod Trial Failure
Rival law firms seek to lead the case, courting shareholders from differing class periods.
Overview
- Notices from Hagens Berman, Rosen, Schall, Gross, Glancy Prongay & Murray, and Faruqi & Faruqi urge investors to move for lead-plaintiff status by Dec. 8.
- Complaints allege aTyr misled the market about Efzofitimod’s efficacy and the EFZO‑FIT forced‑taper design, including claims about complete steroid withdrawal.
- Proposed class periods vary, with some firms using Nov. 7, 2024 through Sept. 12, 2025 and others Jan. 16, 2025 through Sept. 12, 2025.
- The litigation follows a Sept. 15 disclosure that the Phase 3 EFZO‑FIT study missed its primary endpoint, which was followed by an 83% one‑day stock drop.
- No class has been certified, and aTyr has said it plans to consult the FDA on potential next steps for Efzofitimod.