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 during the specified class period, alleging manipulative trading practices that artificially deflated the stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for alleged violations of federal securities laws for all individuals and entities that sold Genius securities between April 12, 2022, and May 30, 2025 [2]. - The Complaint alleges that the Defendants engaged in manipulative trading practices, including a scheme known as "spoofing," which involved placing and canceling buy or sell orders without genuine intent [3][8]. - Defendants allegedly misled market participants about supply, demand, and volatility for Genius securities, creating a false impression of market dynamics [8]. Group 2: Legal Representation - Bronstein, Gewirtz & Grossman LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [4]. - The firm has a track record of recovering hundreds of millions of dollars for investors in securities fraud class actions and emphasizes restoring investor capital and ensuring corporate accountability [5].
Bronstein, Gewirtz & Grossman LLC Urges Genius Group Limited Investors to Act: Class Action Filed Alleging Investor Harm