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Law firm investigates Geron Corp over alleged misleading revenue claims on cancer drug growth

Market News
25 Sep 2026
PRNewsWire
View Source
Bearish
Law firm investigates Geron Corp over alleged misleading revenue claims on cancer drug growth

Kahn Swick & Foti, a law firm led by former Louisiana Attorney General Charles C. Foti, Jr., has launched an investigation into Geron Corporation. The probe focuses on whether Geron's executives misled investors about the growth prospects of its cancer drug Rytelo (imetelstat) during 2024, after the company reported flattened growth due to various challenges. This follows a securities class action lawsuit accusing Geron and its executives of failing to disclose material information. The investigation aims to determine if there were breaches of fiduciary duties or violations of laws, with potential legal actions for shareholders.

The Geron Corporation investigation is the subject here, with Pluang's health sector data providing market context. Of 100 priced health-sector US stocks tradable on Pluang, 54 rose and 45 fell today. Notable movers include ALNY at USD 258.00 with a 3.37% increase and 100% buy order activity, HRTX at USD 0.30 with a 3.34% rise and 58% buy orders, and RXRX at USD 3.76 with a 3.34% decline and 53% buy orders. These figures are as of Sep 26, 2026 04:51 WIB.

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QuinStreet CFO Gregory Wong sells 11,704 shares, signaling possible portfolio adjustment.

QuinStreet CFO Gregory Wong sells 11,704 shares, signaling possible portfolio adjustment.

Gregory Wong, the Chief Financial Officer of QuinStreet, has sold 11,704 shares of the company. This transaction may indicate a personal portfolio adjustment or a response to market conditions. Investors might watch for further insider trading activi...

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Investigation launched into Krispy Kreme over stalled McDonald's doughnut rollout and possible investor misinformation

Investigation launched into Krispy Kreme over stalled McDonald's doughnut rollout and possible investor misinformation

Kahn Swick & Foti, LLC has started an investigation into Krispy Kreme following the company's pause in expanding its doughnut sales at McDonald's restaurants, which was a key part of its U.S. growth strategy. Despite earlier assurances of reaching 6,...

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Rising Treasury yields reduce appeal of high-dividend stocks like iShares Select Dividend ETF.

Rising Treasury yields reduce appeal of high-dividend stocks like iShares Select Dividend ETF.

As Treasury bond yields have surged recently, especially in the past month, stocks with high dividend yields have become less attractive to investors. This is because higher "risk-free" yields make dividend-paying stocks comparatively less appealing....

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Backpack's BP token hits new all-time high above $1.43 with 13% daily gain

Backpack's BP token hits new all-time high above $1.43 with 13% daily gain

Backpack's BP token briefly surged past $1.43 on September 25, marking a new all-time high and a 13% increase in 24 hours. Although the price later retreated to $1.29, the token maintained a strong gain of over 13% for the day. This price movement hi...

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Bullish
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XRP ETFs see $38M inflows; XRP price recovers to $1.56 but faces resistance at $1.60

XRP ETFs see $38M inflows; XRP price recovers to $1.56 but faces resistance at $1.60

XRP exchange-traded funds in the US attracted about $38 million in net inflows over two trading sessions, led by Bitwise with nearly $10 million. XRP's price has rebounded to around $1.56 but continues to face selling pressure near the $1.60 level, w...

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