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Published June 2, 2025
Dabestani v. Geron Corp., et al. and Potvin v. Geron Corp., et al are securities fraud cases pending before Hon. Charles R. Breyer in the U.S. District Court, Northern District of California. The case alleges Geron and certain of its executives violated federal securities laws by making false or misleading statements about the revenue outlook and anticipated growth for Geron's pharmaceutical product, Rytelo.
On May 29, 2025, Judge Breyer issued an order consolidating the two cases and appointing Reza Dabestani and Isaac Potvin as co-lead plaintiffs. Judge Breyer also appointed Levi & Korsinsky, LLP as lead counsel in the case.
The consolidated case is captioned In Re Geron Corp. Securities Lit., case no. 3:25-cv-02507-CRB. A copy of the order can be found here.