Kaplan Fox & Kilsheimer LLP is Investigating Aldeyra Therapeutics, Inc. (ALDX) for Potential Securities Law Violations
NEW YORK, NY - April 8, 2025 ( NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Aldeyra Therapeutics, Inc. ('Aldeyra Therapeutics' or the 'Company') (NASDAQ: ADLX).
If you are an Aldeyra Therapeutics investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (212) 329-8571.
On April 3, 2025, before the market opened, Aldeyra Therapeutics disclosed that the FDA issued a second Complete Response Letter ('CRL') for reproxalap, its lead dry eye disease drug candidate. According to the Company, the CRL stated that the NDA 'failed to demonstrate efficacy in adequate and well controlled studies in treating ocular symptoms associated with dry eyes' and that the Company should conduct 'at least one additional adequate and well-controlled study to demonstrate a positive effect on the treatment for ocular symptoms of a dry eye.' The Company further stated that the CRL 'identified concerns with the data from the trial submitted to the NDA that may have affected interpretation of the results, which the FDA stated may be related to methodological issues, including a difference in baseline scores across treatments arms.' Todd C. Brady, the President and Chief Executive Officer of the Company stated that '[p]ending positive results from the ongoing clinical trials and discussions with the FDA, we look forward to a potential NDA resubmission mid-year 2025.'
Following this news, the price of Aldeyra Therapeutics stock fell $3.91 per share, or over 73%, to close at $1.42 per share on heavier than average trading volume.
WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(212) 329-8571
Laurence D. King
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
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