Investor Alert: Class Action Lawsuit Against Geron Corporation
The Schall Law Firm, a national leader in shareholder rights litigation, has issued a reminder to investors regarding a class action lawsuit against Geron Corporation (“Geron” or “the Company”) GERN. The lawsuit alleges violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, alongside Rule 10b-5 set forth by the U.S. Securities and Exchange Commission.
Potential claimants who purchased Geron securities between February 28, 2024, and February 25, 2025 (the “Class Period”), are encouraged to reach out to the firm before May 12, 2025.
If you have suffered losses as a shareholder, click here to participate in the case.
Interested parties can contact Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or by calling 310-301-3335 for a complimentary discussion about their rights. Additional information can also be found on the firm’s website at www.schallfirm.com, or via email at [email protected].
Please note that the class in this lawsuit has not yet been certified. Until such certification occurs, individuals are not represented by an attorney. Shareholders who opt not to take action may remain absent class members.
The Complaint suggests that Geron made false and misleading statements that misled the market. The Company allegedly created a deceptive impression regarding its revenue outlook and growth potential. Geron’s overly optimistic projections regarding the launch and anticipated growth of Rytelo failed to account for essential patient awareness, which is critical for effectively addressing what they claimed was a major unmet need for the drug. As a result, public statements made by the Company were deemed false and materially misleading throughout the Class Period, leading to investor losses when the truth emerged.
Join this case to seek recovery for your losses.
The Schall Law Firm represents investors globally and specializes in securities class action cases and shareholder rights.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250328965574/en/
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
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