Rosen Law Firm Reminds Genius Group Investors of August 28 Deadline in Spoofing Class Action Against Citadel and Virtu

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

Rosen Law Firm reminds purchasers or sellers of Genius Group Limited securities between April 12, 2022 and May 30, 2025 of the August 28, 2026 lead plaintiff deadline in a securities class action against Citadel Securities LLC and Virtu Americas LLC. The lawsuit alleges that throughout the Class Period, defendants engaged in a manipulative and illegal trading practice known as 'spoofing,' which involves submitting and then cancelling buy or sell orders without any genuine intent to execute them, to influence the market price of Genius. Investors who traded Genius securities during that period may be entitled to compensation through a contingency fee arrangement. The Rosen Law Firm, which has recovered billions of dollars for investors and was ranked number one by ISS Securities Class Action Services in 2017, encourages investors to select qualified counsel.

Impact on stocks 2

Financials▼ · 1 stocks
Virtu Financial, Inc.
VIRT
▼ NegativeRegulationrelevance

Virtu is a defendant in spoofing class action, facing legal and reputational risk.

Consumer Discretionary▲ · 1 stocks
Genius Group Ltd
GNS
± MixedRegulationrelevance

Class action alleges spoofing by market makers, potential compensation for investors but outcome uncertain.

Off-coverage companies 1

Citadel Securities LLCPrivate▼ Negative
Regulationrelevance

Citadel Securities is a defendant in spoofing class action, facing legal and reputational risk.

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