Investors May Lead Securities Fraud Lawsuit Against Genius Group

Rosen Law Firm has announced that purchasers or sellers of Genius Group Limited (NYSE American: GNS) securities between April 12, 2022, and May 30, 2025, inclusive, have until August 28, 2026, to seek lead plaintiff status in a securities fraud lawsuit.

The lawsuit alleges that Genius Group and potentially related parties engaged in manipulative trading practices, specifically "spoofing." This strategy involves placing buy or sell orders with no intent to execute them, aiming to mislead other market participants about the true supply and demand, or price volatility of Genius Group stock. The alleged manipulation also increased investors' costs by inflating the bid-ask spread.

Rosen Law Firm is representing investors who claim to have suffered losses due to these alleged activities. The firm is operating on a contingency fee basis, meaning clients would not pay out-of-pocket costs, with fees contingent on recovering funds.

A class action has already been filed, and the firm is seeking individuals to serve as lead plaintiff, a representative party for all class members. The firm highlights its history and experience in securities class actions, noting past successes in recovering significant sums for investors.