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Court Orders Impact Genius Group’s Stock Activities

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Court Orders Impact Genius Group’s Stock Activities

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Genius Group Limited ( (GNS) ) has issued an announcement.

On February 11, 2025, the U.S. District Court for the Southern District of New York issued a preliminary injunction in the case of Genius Group Limited v. LZGI et al., preventing LZGI and related parties from selling or transferring Genius stock and participating in any shareholder meetings until arbitration is resolved. Additionally, a February 14, 2025 order temporarily restrains Genius Group from issuing new stock or purchasing Bitcoin with investor funds, with further legal proceedings set for February 28, 2025.

More about Genius Group Limited

YTD Price Performance: -29.68%

Average Trading Volume: 5,028,782

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $59.92M

For a thorough assessment of GNS stock, go to TipRanks’ Stock Analysis page.

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