Rosen Law Firm says Genius Group investors may seek lead plaintiff role
Rosen Law Firm says investors in Genius Group Limited may be eligible for a securities class action tied to alleged spoofing and a lead plaintiff deadline of Aug. 28, 2026.
Rosen Law Firm says investors who bought or sold Genius Group Limited securities between April 12, 2022 and May 30, 2025 may be eligible for a securities class action, with a lead plaintiff deadline of Aug. 28, 2026.
Rosen Law Firm said a class action lawsuit has been filed over trading in Genius Group Limited, which trades on the NYSE American under the ticker GNS. The firm said investors who purchased or sold Genius securities during the class period may be entitled to compensation, and that the case is being handled on a contingency fee basis with no out-of-pocket fees or costs for participating investors, according to the notice.
According to the notice, the class period runs from April 12, 2022 through May 30, 2025, inclusive. It says the alleged conduct involved spoofing, a trading practice in which orders are entered and then canceled without any intent to execute them. The notice says the alleged purpose was to mislead market participants about supply and demand or volatility in Genius securities and to influence the company’s market price to benefit defendants’ trading positions.
The notice also says the alleged conduct increased investors’ transaction costs by inflating the bid-ask spread in Genius stock, and that defendants entered thousands of such orders on U.S. stock exchanges. The filing does not certify a class, and the notice says investors are not represented unless they retain counsel.
Rosen Law Firm said investors may choose counsel of their choice or remain absent class members. The firm identified Laurence Rosen, Esq. and Phillip Kim, Esq. in the notice and provided a case webpage, toll-free number and email contact for investors seeking information.
What happens next is a court decision on lead plaintiff requests. The deadline in the notice is Aug. 28, 2026.
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