Core Viewpoint - A class action lawsuit has been filed against Citadel Securities LLC and Virtu Americas LLC on behalf of investors who sold Genius Group Limited securities, alleging manipulative trading practices that artificially deflated the stock price [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for alleged violations of federal securities laws during the Class Period from April 12, 2022, to May 30, 2025 [2]. - The Complaint claims that the Defendants engaged in "spoofing," a trading scheme involving placing and canceling orders without intent to execute, misleading market participants about the true market dynamics of Genius securities [3]. - It is alleged that the Defendants profited by absorbing and reselling customer order flow at favorable prices while building significant short positions in Genius stock [3]. Group 2: Next Steps for Investors - Investors who sold Genius securities have until January 16, 2026, to request to be appointed as lead plaintiff in the case [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].
GNUS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Genius Group Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit