GlobeNewsWire
01 Aug 2026, 13:08 UTC · 2h ago
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Genius Group Limited (GNS) is facing a class action lawsuit alleging the use of illegal 'spoofing' and manipulative trading practices to influence stock prices. — Allegations of market manipulation and illegal trading practices create significant legal risk and can damage investor confidence in the company's integrity.
-0.60The lawsuit claims defendants misled market participants regarding supply and demand for GNS securities and inflated bid-ask spreads to profit from customer order flow. — Specific claims of defrauding market participants increase the likelihood of regulatory scrutiny beyond the civil litigation.
-0.40The lead plaintiff deadline for the Genius Group Limited securities class action is August 28, 2026. — This is a procedural milestone in an existing lawsuit and is unlikely to cause a major price swing on its own.
-0.10Which stocks this story touches
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The company is facing a class action lawsuit alleging illegal 'spoofing' and market manipulation.
The company is the subject of a reminder for a securities class action lawsuit.
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