GERN LAWSUIT ALERT: Levi & Korsinsky Notifies Geron Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Geron Corporation (GERN) alleging securities fraud between June 7, 2024 and February 25, 2025. The lawsuit centers on allegedly misleading statements about Rytelo (imetelstat), with the stock price dropping 32.07% after the company disclosed flattened growth due to seasonality, competition, and monitoring requirements.
March 25, 2025 | 11:15 pm
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Geron's stock is under legal scrutiny following a class action lawsuit alleging securities fraud related to Rytelo's market performance and growth projections.
The lawsuit and significant stock price decline suggest potential negative short-term impact on GERN's stock value due to legal and reputational risks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100