Class Action Lawsuit Announced for Genius Group

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: 2 days ago

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Source: Globenewswire

Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased or sold Genius Group (NYSE American: GNS) securities between April 12, 2022, and May 30, 2025, aiming to seek compensation for affected investors.
Lawsuit Allegations: The lawsuit alleges that defendants engaged in manipulative and illegal trading practices known as 'spoofing' during the class period, which involved submitting and canceling buy or sell orders to mislead the market, thereby increasing transaction costs for investors.
Compensation Structure: Investors joining the class action will not incur any out-of-pocket fees, as compensation will be arranged through a contingency fee structure, encouraging affected investors to apply as lead plaintiffs by August 28, 2026.
Law Firm Credentials: Rosen Law Firm is recognized for its successful track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company, demonstrating its expertise and resource advantages in handling such cases.

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About GNS

Genius Group Limited is an artificial intelligence (AI)-powered Bitcoin-first education group. The Company delivers AI powered, education and acceleration solutions. The Company’s Genius City education model delivers local AI-based ecosystems between schools, businesses and government, delivering both AI training and AI tools. Its AI edtech platform, GeniusU, connects Genius Cities to student and its partner marketplace joining peer intelligence and AI solutions across energy, finance, logistics, manufacture, retail, tech and telco sectors. The Company provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. Its courses include iLAB Mentor, PromINence Online, Remote Work Startup, Speaker Sales Plan, Cash Flow Design and Build, Crypto Investor Microschool, Crypto Investor Microcourse, Passion Test Consultant, Real Estate Mogul Master Plan, and InSight-U Coaching Programme, others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Class Action Filed Against Genius Group for Securities Violations

4 hours agoGlobenewswire

Lawsuit Background: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Genius Group Limited, alleging violations of federal securities laws during the period from April 12, 2022, to May 30, 2025, seeking damages for all investors who purchased securities during this timeframe.
Manipulative Trading Allegations: The complaint accuses the defendants of engaging in a manipulative trading practice known as 'spoofing,' where they placed and canceled orders to create a false impression of market activity, thereby artificially influencing stock prices for their own benefit and increasing transaction costs for investors.
Market Impact: The defendants' actions widened the bid-ask spread for Genius securities, raising transaction costs for investors, and their public statements were deemed materially false and misleading throughout the relevant period, undermining investor confidence.
Investor Actions: Affected investors have until August 28, 2026, to request to be appointed as lead plaintiff, with Bronstein, Gewirtz & Grossman LLC offering legal representation on a contingency fee basis, ensuring that investors' rights are restored if successful.

Class Action Filed Against Citadel and Virtu Over Genius Securities

23 hours agoGlobenewswire

Class Action Initiation: Pomerantz LLP announces a class action lawsuit against Citadel Securities and Virtu Americas, alleging violations of federal securities laws related to manipulative practices involving Genius securities, with investors advised to apply as Lead Plaintiff by August 28, 2026.
Manipulative Trading Allegations: The complaint accuses the defendants of engaging in 'spoofing' by submitting and canceling buy/sell orders to mislead market participants, distorting the true supply and demand dynamics of Genius stock, thereby inflating transaction costs for investors.
Abnormal Trading Volume: During the week of February 10, 2025, Citadel and Virtu traded over 23 million and nearly 11 million shares of Genius, respectively, accounting for nearly 70% of all off-exchange trading that week, while short volume surged from 53% to over 61%, resulting in a 22% decline in Genius's stock price.
Legal Consequences and Impact: This lawsuit could lead to significant financial penalties for the defendants, with Pomerantz LLP recognized as a leading firm in securities class action litigation, demonstrating a strong commitment to protecting investor rights.

Genius Group Faces Class Action Lawsuit

1 day agoGlobenewswire

Lawsuit Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Genius Group Limited, alleging violations of securities laws related to trades from April 12, 2022, to May 30, 2025, potentially exposing investors to significant losses.
False Statements: The complaint indicates that Genius Group made false and misleading statements during this period, with insiders allegedly engaging in a 'spoofing' scheme that misrepresented market activity, leading investors to misunderstand the company's true condition and affecting their investment decisions.
Investor Rights: Affected investors are encouraged to contact the Schall Law Firm before August 28, 2026, to participate in the lawsuit and seek compensation for their losses, highlighting the legal risks the company faces that could impact its future market performance.
Legal Process Status: The class action has not yet been certified, meaning investors are not represented by an attorney during this period, and those who choose not to act will remain absent class members, potentially jeopardizing their rights to claim damages.