Particle.news
Download on the App Store

New aTyr Class Action Expands Investor Window Following EFZO‑FIT Trial Failure

The complaint now covers purchases from November 7, 2024 to September 12, 2025 ahead of a December 8 lead‑plaintiff deadline.

Overview

  • Hagens Berman filed King v. aTyr Pharma in the Southern District of California, expanding the proposed class period to November 7, 2024 through September 12, 2025.
  • Faruqi & Faruqi and Levi & Korsinsky issued notices or investigations, with some actions referencing a shorter class period beginning January 16, 2025.
  • Investors seeking to serve as lead plaintiff must move by December 8, 2025 under the Private Securities Litigation Reform Act.
  • The complaints allege that aTyr and certain executives made overly positive statements while concealing adverse facts about efzofitimod’s ability to enable complete steroid tapering.
  • aTyr disclosed on September 15 that EFZO‑FIT failed its primary endpoint, reported steroid‑dose changes favoring placebo and a modest withdrawal difference, the stock fell about 83%, and the company said it would consult the FDA.