GERN INVESTOR ALERT: Kirby McInerney LLP Notifies Geron Corporation Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

Core Viewpoint - Geron Corporation is facing a federal securities class action due to alleged failure to disclose material information regarding the launch and growth potential of its lead product candidate, Rytelo, during the specified Class Period [4]. Financial Performance - On February 26, 2025, Geron announced its fourth-quarter financial results for fiscal 2024, revealing that the growth of Rytelo had flattened in recent months. The company attributed this stagnation to seasonality, competition, lack of awareness, and monitoring requirements for the drug treatment [3]. - Following the announcement, Geron's share price dropped by $0.76, from$2.37 on February 25, 2025, to $1.61 on February 26, 2025 [3]. Legal Proceedings - A class action has been filed on behalf of investors who acquired Geron securities between February 28, 2024, and February 25, 2025, with a deadline of May 12, 2025, to seek the role of lead plaintiff [1]. - The complaint alleges that the defendants failed to disclose critical information regarding the expectations for Rytelo's launch and growth potential throughout the Class Period [4].