Investors in Geron Corporation Should Contact The Gross Law Firm Before May 12, 2025 to Discuss Your Rights – GERN
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The Gross Law Firm has initiated a securities class action lawsuit against Geron Corporation (GERN) alleging misleading statements about Rytelo's growth potential. The lawsuit covers the period from June 7, 2024 to February 25, 2025, during which GERN's stock price dropped 32.07% after disclosing flattened drug growth due to seasonality, competition, and monitoring requirements.
March 20, 2025 | 5:15 pm
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The securities class action lawsuit alleges GERN misled investors about Rytelo's growth potential, which could impact investor confidence and stock valuation.
The lawsuit alleges material misrepresentations about Rytelo's market potential, which led to a significant stock price drop. Legal proceedings and potential financial penalties could negatively impact GERN's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100