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Genius Group Appeals Court Ruling on Stock Injunction

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Genius Group Appeals Court Ruling on Stock Injunction

Genius Group Limited ( (GNS) ) has provided an update.

On March 13, 2025, the U.S. District Court for the Southern District of New York issued a ruling affecting Genius Group Limited, vacating a previous preliminary injunction and granting separate motions for preliminary injunctions in the case against LZGI. The court’s order aims to maintain the status quo by restricting LZG and its affiliates from dealing with Genius’s shares and preventing Genius from issuing additional shares or purchasing Bitcoin with certain funds, pending arbitration. In response, Genius Group is filing an emergency appeal to stay and vacate the injunction.

More about Genius Group Limited

YTD Price Performance: -56.45%

Average Trading Volume: 4,042,803

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $18.52M

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

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Questions or Comments about the article? Write to editor@tipranks.com
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