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Faruqi & Faruqi, Llp Announces Preliminary Approval Of Settlement In In Re Geron Corporation Securities Litigation

April 10, 2017

Faruqi & Faruqi LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Geron Corp. Sec. Litig., Case No: 3:14-CV-01224-CRB.  The settlement provides for a cash payment of $6.25 million in exchange for the release of all claims alleged in the action.  As a result, notice will be sent to class members to advise them of their rights to participate in, object to, or seek exclusion from the settlement.  For more information regarding the settlement, please visit www.GeronCorporationSecuritiesLitigation.com.  The final fairness hearing is scheduled for July 21, 2017.

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