Welcome to the website for the Geron Securities Litigation.
On May 28, 2024, the Court entered the Order Approving Distribution Plan (ECF No. 332), which approved the plan for distribution of the Net Settlement Fund, awarded fees and expenses to Epiq, and ordered that all brokers are required to bear their own costs. The time to appeal the Order Approving Distribution Plan expires 30 days after entry of the Order, or on June 27, 2024. The distribution will occur within two weeks after the expiration of the time to file an appeal of the Order Approving Distribution Plan. Accordingly, at this time, distribution of the Net Settlement Fund to Authorized Claimants will occur no later than July 11, 2024.
As of February 21, 2023, Lead Counsel's address will change to:
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, NY 10022
Lead Plaintiffs and Class Representatives, Julia Junge and Richard Junge, on behalf of themselves and the Class (defined below), have reached a proposed settlement of the Action that, if approved, will resolve all claims in the Action.
If you are a member of the Class (a “Class Member”), your rights will be affected and you may be eligible for a payment from the Settlement. The certified Class consists of:
all persons who purchased Geron common stock during the period from March 19, 2018, to September 26, 2018, inclusive (the “Class Period”), and who were damaged thereby.
If you are a member of the Class, in order to be potentially eligible to receive a payment under the proposed settlement, you have to submit a Claim Form no later than July 14, 2023, at 11:59 p.m. PST. Payments to Authorized Claimants will be made only if the Court approves the Settlement and the Plan of Allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.
The Frequently Asked Questions page of this website has more information on your rights as a Class Member in this Action. Please read the Settlement Notice and the Supplemental Settlement Notice to also fully understand your rights and options.
The exclusion list in this matter updated August 28, 2023 can be viewed here. [The exclusion list was posted on August 28, 2023, and contains information updates through July 14, 2023.]