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Genius Group Faces Legal Shifts as Counsel Withdraws and RICO Case Advances

Story Highlights
  • Genius Group Limited is involved in multiple legal cases with recent significant developments.
  • King & Spalding LLC withdrew as counsel, and Genius Group’s RICO case progresses with new summonses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Genius Group Faces Legal Shifts as Counsel Withdraws and RICO Case Advances

Confident Investing Starts Here:

Genius Group Limited ( (GNS) ) just unveiled an update.

Genius Group Limited, a company engaged in multiple legal battles, has recently experienced significant developments in its ongoing cases. On June 3, 2025, King & Spalding LLC withdrew as counsel for LZGI, Moe, and Ritz, citing irreconcilable differences, which could impact the company’s legal strategy. Additionally, the Florida Southern District Court issued summonses on June 2, 2025, for several defendants in Genius Group’s RICO complaint seeking $750 million in damages. The company is also involved in a shareholder fraud case and is preparing to file a lawsuit related to naked short selling and spoofing, indicating a proactive approach to addressing legal challenges.

Spark’s Take on GNS Stock

According to Spark, TipRanks’ AI Analyst, GNS is a Neutral.

The overall stock score reflects the significant financial difficulties facing Genius Group Limited, with weak financial performance being the most impactful factor. Technical analysis provides a slightly more optimistic view but is overshadowed by poor valuation metrics. The absence of earnings call details and corporate events leaves the financial performance as the primary determinant of the score.

To see Spark’s full report on GNS stock, click here.

More about Genius Group Limited

Average Trading Volume: 2,605,861

Technical Sentiment Signal: Sell

Current Market Cap: $23.6M

Learn more about GNS stock on TipRanks’ Stock Analysis page.

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