Genius Group Limited (GNS) has released an update.
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Genius Group Limited is embroiled in internal controversy, as CEO Roger Hamilton was allegedly ousted without proper notice, a move deemed invalid under Singapore law. The company is also investigating claims against LZG International Inc. for potential corporate governance violations related to a previous acquisition. Legal counsel has been engaged to recommend remedial steps, including possible litigation, and the company has already terminated one executive involved.
For further insights into GNS stock, check out TipRanks’ Stock Analysis page.
