Geron Corporation Investors Alert: Securities Class Action Lawsuit Filed
New York, NY – March 25, 2025
Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors in Geron Corporation (“Geron” or the “Company”) (NASDAQ: GERN). The lawsuit was filed in the United States District Court for the Northern District of California and alleges securities fraud against Geron and certain of its top executives.
Class Definition
The class action seeks to recover losses on behalf of Geron investors who purchased or otherwise acquired the Company’s securities between June 7, 2024, and February 25, 2025. Investors may be entitled to compensation if they incurred losses as a result of the defendants’ violations of the federal securities laws.
Allegations
The complaint alleges that Geron and its executives made false and misleading statements regarding the Company’s financial condition and business prospects. Specifically, the lawsuit alleges that the defendants failed to disclose material information concerning the Company’s financial performance, including:
- Inaccurate revenue projections
- Misrepresentations regarding the Company’s research and development efforts
- Failure to disclose material information regarding the Company’s financial condition
Impact on Individual Investors
If you invested in Geron Corporation between June 7, 2024, and February 25, 2025, you may be entitled to compensation. The lawsuit seeks to recover damages on behalf of all Geron investors who have suffered losses as a result of the defendants’ alleged securities fraud. To learn more about the lawsuit and your potential recovery, contact Levi & Korsinsky, LLP.
Impact on the World
The securities class action lawsuit against Geron Corporation is significant because it highlights the importance of accurate financial reporting and disclosure. Investors rely on this information to make informed decisions about where to invest their hard-earned money. When companies and executives fail to provide accurate information, it can have serious consequences for the economy and the financial markets.
Conclusion
Geron Corporation investors who purchased or otherwise acquired the Company’s securities between June 7, 2024, and February 25, 2025, are encouraged to contact Levi & Korsinsky, LLP to learn more about the securities class action lawsuit and their potential recovery. The lawsuit seeks to recover damages on behalf of all Geron investors who have suffered losses as a result of the defendants’ alleged securities fraud. The case underscores the importance of accurate financial reporting and disclosure in the financial markets.
Levi & Korsinsky, LLP is a securities litigation firm with a proven track record of successful recoveries for investors. The firm has extensive experience in prosecuting securities class actions and has recovered hundreds of millions of dollars for aggrieved investors.
If you have any questions or wish to discuss this announcement or your rights and interests in connection with this securities class action, please contact Levi & Korsinsky, LLP by calling 212-363-7500 or toll free at 877-363-5972, or by emailing the firm at [email protected].
Levi & Korsinsky, LLP
30 Broad Street – 24th Floor
New York, NY 10004
11140 Wilshire Boulevard – Suite 1504
Los Angeles, CA 90025
Phone: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
Email: [email protected]
Website: www.zlk.com
ATTORNEY ADVERTISING. SECURITIES CLASS ACTIONS: CONTINGENCY CASE. PLACEMENTS OF SECURITIES MAY BE REQUIRED BY SETTLEMENT.
