LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Athira Pharma, Inc. (“Athira” or “the Company”) (NASDAQ: ATHA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On June 17, 2021, Athira released a statement indicating it had placed President and CEO Leen Kawas on leave and was reviewing “actions stemming from doctoral research Dr. Kawas conducted while at Washington State University.” Based on this news, shares of Athira plummeted by almost 40% on June 18, 2021.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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