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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Genius Group Limited of Class Action Lawsuit and Upcoming Deadlines – GNS
GlobeNewswire Inc.·
A class action lawsuit has been filed against Citadel Securities LLC and Virtu Americas LLC for allegedly engaging in 'spoofing' - a manipulative trading practice involving submitting and cancelling orders to mislead market participants about Genius Group Limited (GNS) stock supply, demand, and volatility. The defendants allegedly profited from these practices while inflating transaction costs for investors. The complaint notes that during the week of February 10, 2025, the defendants comprised nearly 70% of off-exchange trading in GNS stock, coinciding with a 22% stock price decline despite no material company news.
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