Kirby McInerney LLP Urges Investors in Geron Corporation (GERN) to Inquire About Their Rights in Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Geron Corporation for failing to disclose material information regarding the launch and growth potential of its lead product candidate, Rytelo, during the specified class period [4]. Group 1: Lawsuit Details - The class action lawsuit is filed in the U.S. District Court for the Northern District of California on behalf of investors who acquired Geron securities from June 7, 2024, to February 25, 2025 [1]. - Investors have until May 12, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Financial Performance - On February 26, 2025, Geron announced that the growth for Rytelo had flattened, attributing this to seasonality, competition, lack of awareness, and monitoring requirements [3]. - Following this announcement, Geron shares fell by $0.76, closing at$1.61 on February 26, 2025, down from $2.37 on February 25, 2025 [3].