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Investors Target Citadel and Virtu in Genius Group Securities Lawsuit

Investors who traded Genius Group Limited securities between April 2022 and May 2025 are being urged to join a class action lawsuit against Citadel Securities LLC and Virtu Americas LLC. The litigation alleges that the firms utilized illegal spoofing tactics to manipulate market prices and inflate transaction costs for shareholders.

Investors Target Citadel and Virtu in Genius Group Securities Lawsuit

The Rosen Law Firm has initiated the action following claims that the defendants engaged in a pattern of placing and subsequently cancelling buy or sell orders. These "baiting orders" were allegedly designed to create a false appearance of supply and demand, misleading market participants and unfairly influencing the volatility of Genius Group stock. By inflating the bid-ask spread, the defendants reportedly profited at the expense of ordinary investors.

Those who held Genius securities during the specified period have until August 28, 2026, to file a motion with the court to serve as a lead plaintiff. While the lawsuit is currently underway, no class has been formally certified, meaning investors retain the right to select their own counsel or remain absent class members. Participation in any future financial recovery does not strictly require an investor to act as a lead representative.

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