Well, after having mine for a couple of months (pics above), my male stopped eating and has gone into hiding.
This is not good.
Unfortunately, no.
I have had two males do the same thing; back-to-back, not at the same time. They lasted for a little while, but they refused to eat and spent their time hiding in the rocks. When they would venture out into the water column, his swimming was lethargic and erratic. Eventually they just wasted away.
Beautiful fish, though.
Now the third male lyretail that I lost was completely different.
Back story... I have only ever bought all of my lyretails as females. I enjoy watching the transition from female to male; and my kids found it to be very interesting to watch and talk about. I started with a trio of females in which the largest transitioned to a large and gorgeous male. When he passed (see above), the larger female transitioned immediately so I added another trio of females; 1 male to 4 females. After some time, the anthias began to spawn nightly in my tank for a couple of months until the male passed. The largest female (which was the most gravid and spawned regularly) started to transition. This freaked out the fish so that it never came out and cowered in the rocks. I could see the fish's body and colors changing, but the fish looked like it had no idea what was happening. For month's it had been a spawning female and now it's body was changing to the other sex. The fish never recovered and soon perished.
I wonder if the gender transition occurring with a fertile/actively spawning female completely messed this poor fish up.