Warshaw Burstein Featured in Various Outlets for Leading Stock Market Manipulation Investigation
01/09/2023Genius Group Limited, a leading entrepreneur edtech and education group, has recently announced that the initial results of a recent investigation into stock market manipulation made by Christian Levine Law Group and Warshaw Burstein, LLP, indicates that certain individuals and/or companies appear to have sold (but not delivered) a significant amount of the stock of the company, which is illegal and appears to be part of a market manipulation scheme seeking to artificially depress the price of the securities of the company.
Genius Group Limited will continue to investigate who is responsible for manipulating its share price and will aggressively pursue all remedies against any and all parties responsible for damaging the company.
Alan M. Pollack, a Partner in Warshaw’s Litigation Group, said, “Market manipulation schemes are insidious, difficult to uncover and prosecute, and pose a direct and immediate threat to the integrity of our capital markets and the wealth that every hard-working citizen has accumulated in their retirement accounts. Companies that are targeted by manipulators have a fiduciary duty to their shareholders to investigate and take appropriate action in order to protect the rights and interests of their shareholders.”
Read coverage of this announcement on Yahoo Finance: https://www.yahoo.com/lifestyle/genius-group-announced-initial-results-120000768.html
Read coverage of this announcement on Market Screener: https://www.marketscreener.com/quote/stock/GENIUS-GROUP-LIMITED-135133448/news/Genius-Says-Probe-Showed-Certain-Individuals-Companies-Illegally-Sold-Significant-Amount-of-Its-S-42658438/
