
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Geron, Digimarc, XPLR, And Fluence And Encourages Investors To Contact The Firm
Geron Corporation (NASDAQ: GERN)
Class Period: February 28, 2024 - February 25, 2025
Lead Plaintiff Deadline: May 12, 2025
The Complaint alleges that throughout the Class Period, Defendants provided investors with material information concerning Defendants' expectations for the launch and growth potential of Rytelo (imetelstat). The Complaint alleges that Defendants' statements included, among other things, confidence in Geron's ability to capitalize on the purportedly significant unmet need for the drug and to execute on its commercial plan to target first-line ESA ineligible patients, while continually minimizing the risks associated with the burden of the weekly monitoring requirement for Rytelo and the impacts of seasonality and existing competition on the drug's sales.
For more information on the Geron class action go to:
Digimarc Corporation (NASDAQ:DMRC)
Class Period: May 2, 2024 - February 26, 2025
Lead Plaintiff Deadline: May 9, 2025
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors: (1) that a large commercial partner would not renew a large contract on the same terms; (2) that, as a result, Digimarc would renegotiate the large commercial contract; (3) that, as a result of the foregoing, the Company's subscription revenue and annual recurring revenue would be adversely affected; (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
For more information on the Digimarc class action go to:
XPLR Infrastructure, LP (NYSE:XIFR)
Class Period: January 26, 2021 - January 27, 2025
Lead Plaintiff Deadline: May 9, 2025
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) XPLR was struggling to maintain its operations as a yieldco; (2) Defendants temporarily relieved this issue by entering into CEPF arrangements while downplaying the attendant risks; (3) XPLR could not buy out CEPFs before their maturity date without risking significant unitholder dilution; (4) as a result, Defendants planned to halt cash distributions to investors and instead redirect those funds to, inter alia, buy out the Company's CEPFs; (5) as a result of all the foregoing, XPLR's yieldco business model and distribution growth rate was unsustainable; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times.
For more information on the XPLR class action go to:
Fluence Energy, Inc. (NASDAQ: FLNC)
Class Period: October 28, 2021 - February 10, 2025
Lead Plaintiff Deadline: May 12, 2025
According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Fluence's relationship with its founders and largest sources of revenue, Siemens AG ("Siemens") and The AES Corporation ("AES"), was poised to decline; (2) Siemens Energy, Siemens AG's U.S. affiliate, had accused Fluence of engineering failures and fraud; (3) Fluence's margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) based on the foregoing, defendants lacked a reasonable basis for their positive statements related to Fluence's battery energy storage business, as well as related financial results, growth, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.
For more information on the Fluence class action go to:
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
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