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Investors sue Citadel Securities and Virtu Americas for alleged market manipulation of Genius Group shares.

Market News
30 Jun 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Genius Group investors have filed a class action lawsuit against Citadel Securities LLC and Virtu Americas LLC, accusing them of market manipulation including spoofing and naked short selling of Genius Group shares. The lawsuit was filed in the U.S. District Court for the Southern District of Florida on June 29, 2026. Genius Group has identified over $250 million in damages caused by this alleged manipulation and plans to join the lawsuit as a plaintiff. The case highlights ongoing concerns about market fairness and could impact Genius Group's stock and investor confidence.

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