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Class action filed against Genius Group for alleged stock spoofing and market manipulation.

Market News
01 Jul 2026, 23:53 WIB
GlobeNewsWire
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Bearish
Class action filed against Genius Group for alleged stock spoofing and market manipulation.

A class action lawsuit has been filed against Genius Group Limited and some of its officers for allegedly engaging in illegal spoofing practices that manipulated the stock price between April 2022 and May 2025. The complaint claims the defendants placed fake buy and sell orders to create false market activity, increasing transaction costs and misleading investors. Investors who bought Genius securities during this period are encouraged to join the lawsuit before the August 28, 2026 deadline to seek damages. The law firm Bronstein, Gewirtz & Grossman represents affected investors on a contingency fee basis, meaning no upfront cost for plaintiffs.

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