Kirby McInerney LLP Announces Investigation Against Geron Corporation (GERN) on Behalf of Investors
Oggi 02:00 - RSF
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NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP (
Kirby McInerney LLP | Home) is investigating potential claims against Geron Corporation (“Geron” or the “Company”) (NASDAQ:GERN). The investigation concerns whether Geron and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
[LEARN MORE ABOUT THE INVESTIGATION] (
Kirby McInerney LLP | Geron Corporation)
On February 26, 2025, Geron announced its financial results for the fourth year and full year 2024. During a related earnings call, Geron’s executives said that the Company has “observed flat revenue trends over the last few months” for its recently approved blood disorder drug, Rytelo. On this news, the price of Geron shares declined by $0.76 per share, or approximately 32%, from $2.37 per share on February 25, 2025, to close at $1.61 on February 26, 2025.