Aldeyra Therapeutics securities class action
Analysis based on 19 articles · First reported May 18, 2026 · Last updated May 30, 2026
The rejection of Aldeyra Therapeutics's drug candidate by the United States — Food and Drug Administration caused a significant drop in Aldeyra Therapeutics's stock price. This event directly impacts investors who held shares of Aldeyra Therapeutics, leading to potential financial losses and a securities class action lawsuit.
Faruqi & Faruqi is investigating and has filed a federal securities class action lawsuit against Aldeyra Therapeutics, Inc. The lawsuit alleges that Aldeyra Therapeutics and its executives made false and misleading statements regarding the inconsistent results of their reproxalap clinical trials. On March 17, 2026, the United States — Food and Drug Administration issued a Complete Response Letter, rejecting Aldeyra Therapeutics's New Drug Application for reproxalap due to insufficient evidence of efficacy and inconsistent clinical study results. Following this news, Aldeyra Therapeutics's stock price plummeted by 70.7%, causing substantial losses for investors. Faruqi & Faruqi is encouraging affected investors to seek the role of lead plaintiff in the class action before the May 29, 2026 deadline.
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