GERN Deadline: GERN Investors with Losses in Excess of $100K Have Opportunity to Lead Geron Corporation Securities Fraud Lawsuit
- Individuals who acquired shares of Geron Corporation at any time from late February 2024 through late February 2025 have until May 12, 2025, to apply for lead plaintiff status in the related class action lawsuit.
- This lawsuit arises from allegations that Geron and its executives made false and misleading statements about RYTelo's launch and growth, overstating business prospects during the class period.
- The complaint claims diminished RYTelo sales resulted from seasonality, competition, monitoring requirements, and lack of market awareness, which the defendants failed to disclose adequately.
- Geron's stock price allegedly dropped over 32% after truthful information entered the market, and Rosen Law Firm emphasizes potential compensation without out-of-pocket costs via contingency fees.
- Investors who file by May 12, 2025, may influence litigation direction as lead plaintiff, potentially recovering losses, though past results do not guarantee success in this securities fraud case.
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GERN INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Geron Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit - Geron (NASDAQ:GERN)
SAN DIEGO, May 02, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Geron Corporation (NASDAQ:GERN) securities between February 28, 2024 and February 25, 2025, inclusive (the "Class Period"), have until Monday, May 12, 2025 to seek appointment as lead plaintiff of the Geron class action lawsuit. Captioned Dabestani v. Geron Corporation, No. 25-cv-02507 (N.D. Cal.), the Geron clas…
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