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Class Action Alert for Geron Corporation Shareholders

The Gross Law Firm has put out a notice targeting shareholders of Geron Corporation (NASDAQ: GERN), urging those who purchased shares during the designated period to join a class action lawsuit aimed at recovering losses incurred due to deceptive business practices. This call to action highlights a recent significant decline in Geron's stock price and the potential misrepresentations made by the company regarding the growth and commercial viability of its product, Rytelo (imetelstat).

Understanding the Situation

Investors who acquired shares between June 7, 2024, and February 25, 2025, may have valid claims against Geron Corporation as part of this class action. During this period, the company allegedly made misleading statements about Rytelo's expected market success. According to the lawsuit, executives expressed optimism about their ability to address a notable unmet need for the drug and promised robust sales despite known challenges such as competition and market awareness issues.

Following the announcement of disappointing financial results on February 26, 2025, Geron's stock plummeted from $2.37 to $1.61, marking a shocking 32.07% decrease in just one day. The firm has attributed this slowdown in growth to various factors, including seasonal influences, competitive pressures, and a requirement for extensive monitoring for patients using Rytelo.

Why You Should Act

Shareholders who suffered losses due to these developments are encouraged to reach out to The Gross Law Firm to explore their options. May 12, 2025, is the final date for shareholders to register their claims and potentially become lead plaintiffs if they choose to do so. Notably, you do not need to be a lead plaintiff to participate in the recovery process, making this opportunity accessible to a wider group of affected investors.

Participants will be enrolled in monitoring software that provides ongoing updates regarding the status of the case throughout its lifecycle, ensuring that they remain informed about developments.

The Role of The Gross Law Firm

The Gross Law Firm has a reputation for advocating for investors who have been victims of fraudulent corporate behaviors. They specialize in class action lawsuits and are committed to ensuring companies are held responsible for misleading investors. With expertise in securities law, this firm is focused on helping those who feel they have been wronged by corporate misconduct.

For shareholders who wish to join this class action against Geron Corporation, it is advisable to act swiftly. The firm has made the registration process simple and free of cost, underscoring the lack of obligation to participate while being empowered to take necessary legal steps.

Next Steps for Affected Shareholders

If you are a shareholder of Geron Corporation and believe you have lost money due to the company’s alleged misleading statements, please contact The Gross Law Firm as soon as possible. They can provide guidance on how to register for the class action lawsuit and offer insights into your rights as an investor.

For more information or to join the lawsuit, shareholders are encouraged to visit the firm’s registration page. The Gross Law Firm stands ready to assist you in pursuing the justice you deserve for your investment losses.

Contact Information
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903