aTyr Pharma, Inc.(US:ATYR) Prnewswire·2025-11-14 15:01Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against aTyr Pharma, Inc. due to allegations of violations of federal securities laws related to misleading statements about the drug Efzofitimod, which led to significant financial losses for investors [1][3]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in aTyr between January 16, 2025, and September 12, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against aTyr, with a deadline of December 8, 2025, for investors to seek the role of lead plaintiff [1]. Allegations Against aTyr - The complaint alleges that aTyr and its executives made false and misleading statements regarding the efficacy of Efzofitimod, particularly its ability to allow patients to taper off steroid usage completely [3]. - The EFZO-FIT study results indicated that efzofitimod did not show a significant change in mean daily oral corticosteroid dose at week 48, with a reduction of only 2.79 mg for the drug compared to 3.52 mg for placebo [4]. Stock Performance Impact - Following the release of the study results, aTyr's stock plummeted by 83.25%, dropping from a market close of $6.03 on September 12 to $1.01 on September 15 [4].