GERN INVESTORS: Kirby McInerney LLP Reminds Geron Corporation Investors of Important Deadline and Encourages Investors to Contact the Firm
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Kirby McInerney LLP has filed a class action lawsuit against Geron Corporation regarding alleged failure to disclose material information about Rytelo's launch and growth potential. The lawsuit covers the period from June 7, 2024, to February 25, 2025, following a significant stock price decline after the company's Q4 2024 financial results announcement.
March 27, 2025 | 12:15 am
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Lawsuit alleges Geron did not adequately disclose challenges with Rytelo, leading to potential investor harm and stock price volatility.
The class action lawsuit directly targets Geron's management, alleging non-transparent communication about Rytelo's performance. This legal action suggests potential governance issues and could negatively impact investor confidence, likely leading to continued stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100