Genius Group launches legal action against various
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The company hired the legal teams of Christian Levine Law Group LLC and Warshaw Burstein LLP and share-tracking company ShareIntel and has now instructed them to commence legal actions.
“The company is currently pursuing a combination of negotiations, legal action and shareholder actions with an aim to minimize and recover the costs that illegal market manipulation has had on our share price,” Hamilton said in a Wednesday release.
Genius Group is not alone in fighting against such activity. Since its January announcement, a flurry of other, mostly penny-stock companies, have also hired ShareIntel to go after naked short sellers.
The list includes Verb Technology Co. a provider of interactive video-based sales apps with operations in Newport, Calif., and Lehi, Utah ; e-scooter and e-bike maker Helbiz Inc. ; Creatd Inc. which aims to unlock creativity for creators, brands and consumers; San Diego-based Ryvyl Inc. a blockchain and stablecoin tech company; and Blink Charging Co. a maker of charging equipment for electric vehicles.
Alarum Technologies Ltd. an Israeli provider of cybersecurity for consumers and companies, joined the group on Tuesday, saying it believes its American Depositary Shares have also been artificially depressed by naked short sellers. The company said it’s reviewing its options and may retain specialists to investigate trading patterns.
https://www.msn.com/en-us/money/companies/gen...d=msedgdhp
On bended knee is no way to be free. I'd like to see 100 companies strong join in.