Investors Urged to Lead Class Action Against Geron Corporation for Securities Fraud
The Schall Law Firm, a prominent law firm specializing in shareholder rights litigation, is reaching out to investors of Geron Corporation concerning a class action lawsuit. This legal action revolves around alleged securities fraud violations that occurred between June 7, 2024, and February 25, 2025.
What You Need to Know
The lawsuit against Geron Corporation highlights a series of misleading statements made by the company that significantly impacted shareholders. According to the firm, investors who acquired Geron’s securities during the specified class period may have experienced considerable losses due to the company's failure to provide accurate information regarding its financial outlook and growth prospects.
The Schall Law Firm is calling on these investors to contact them before May 12, 2025, to ensure their voices are heard and rights are protected. Investors can reach out to the firm at their Los Angeles office or through their website for a free consultation to discuss the details of the case without any obligations.
Allegations Against Geron Corporation
The core of the complaint focuses on Geron misleading the market around its product Rytelo, particularly signaling that the launch would meet an unmet market need. However, the firm contends that Geron did not disclose critical information regarding the patient awareness necessary for the drug's success. This omission led to inflated expectations regarding the company’s anticipated revenue.
When the true nature of the situation emerged, it caused a decline in stock value, resulting in financial losses for many investors. The Schall Law Firm emphasizes that these statements were materially misleading, and they actively seek to represent those affected.
How to Get Involved
For investors who feel they have been impacted, the Schall Law Firm offers a straightforward path to participation in the class action. They urge individuals to come forward and claim their right to be part of the case. Joining this lawsuit is an opportunity for shareholders to seek recovery for their losses, holding the company accountable for its actions.
The firm is well-versed in handling securities class action lawsuits and has successfully represented investors globally. They encourage anyone affected to act swiftly, as not taking action may result in remaining an absent class member, without representation or claim to any potential recovery.
Conclusion
For shareholders of Geron Corporation, this may be a pivotal moment to take action regarding their investments. The Schall Law Firm stands ready to assist in this legal journey to recover lost investments due to deceptive practices. Interested parties are encouraged to contact the firm to discuss their situation and explore their legal options before the impending deadline.
For more information, contact Brian Schall of the Schall Law Firm in Los Angeles, either by calling 310-301-3335 or visiting their website at
www.schallfirm.com. Protect your rights and potentially recover your losses—time is of the essence.