Press release
Investigation announced for Investors in shares in Genius Brands International, Inc. (NASDAQ: GNUS) over potential Wrongdoing
An investigation on behalf of current long term investors in Genius Brands International, Inc. (NASDAQ: GNUS) shares.
Investors who are current long term investors in Genius Brands International, Inc. (NASDAQ: GNUS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: GNUS stocks follows a lawsuit filed against Genius Brands International, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: GNUS stocks, concerns whether certain Genius Brands International, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the Defendants violated provisions of the Securities Exchange Act of 1934 by making false and misleading statements concerning Genius’s Rainbow Rangers intellectual property, the Kartoon Channel! app that Genius launched in June of 2020, as well as its joint venture relating to intellectual property associated with Marvel creator Stan Lee.
Those who purchased shares of Genius Brands International, Inc. (NASDAQ: GNUS) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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