List of Flash News about RICO lawsuit
| Time | Details |
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2026-01-01 16:18 |
Genius Group (GNS) 2025 Recap and 2026 Outlook: RICO and Class Action Lawsuits, Price Swings from $0.21 to $1.58, Near-NYSE Delisting Warning Threshold
According to @rogerhamilton, Genius Group (GNS) reported significant 2025 revenue growth and progress toward operational profitability, launched Genius Academy and Genius City in Bali, and acquired the profitable operations of Entrepreneur Resorts. Source: @rogerhamilton on X, Jan 1, 2026. He states that early in 2025 the company filed a RICO lawsuit alleging fraud and the share price fell 74% from $0.80 to $0.21, a level he says was a penny away from an automatic NYSE delisting warning threshold. Source: @rogerhamilton on X, Jan 1, 2026. He adds that GNS then rebounded to $1.58 before a late-2025 class action alleging market manipulation of the company’s shares, after which the price fell 64% to $0.57 by year-end 2025. Source: @rogerhamilton on X, Jan 1, 2026. He asserts the stock’s swings had little correlation with the company’s operational growth and attributes pressure to short sellers, while emphasizing the firm chose to fight openly despite becoming a bigger target. Source: @rogerhamilton on X, Jan 1, 2026. He notes the company remains listed and operating into 2026 with all lawsuits in motion and multiple protective measures in place to see the fight through. Source: @rogerhamilton on X, Jan 1, 2026. He reports long-term shareholders kept supporting the company and that the board and team joined him in buying more GNS shares during 2025. Source: @rogerhamilton on X, Jan 1, 2026. He frames 2026 as offense focused on achieving a fairer market rather than near-term price moves, and thanks investor communities including $GNS, $MMTLP, and $QNTM for mutual support. Source: @rogerhamilton on X, Jan 1, 2026. |
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2025-07-29 13:26 |
Genius Group (GNS) Files RICO Lawsuit Against Moe and Ritz, Updates Legal Actions in 6K SEC Filing
According to Roger James Hamilton, Genius Group (GNS) has provided an update via its latest 6K SEC filing regarding ongoing legal proceedings against LZG International, Michael Moe, and Peter Ritz. The company has initiated a RICO lawsuit against Moe and Ritz and is also engaged in arbitration proceedings. These developments could significantly impact GNS stock volatility and investor sentiment, with potential implications for broader market interest in litigation-driven trading strategies. Source: Roger James Hamilton. |
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2025-05-21 13:16 |
Genius Group Wins Appeal, Resumes Bitcoin Purchases, and Files $750M RICO Lawsuit – Major Implications for $BTC and $GNS Traders
According to @rogerhamilton, the appeal court ruled in favor of Genius Group two weeks ago, allowing the company to resume fundraising and Bitcoin ($BTC) purchases. This legal victory is significant for $BTC and $GNS traders, as it enables renewed institutional buying power in the crypto market. Additionally, $GNS has filed a revised $750 million RICO lawsuit against Ritz & Moe, which could impact Genius Group’s operational stability and stock performance. The swift recovery of Roger Hamilton’s X account by Elon Musk’s team also restores the company’s communication channel, reducing uncertainty for investors (source: @rogerhamilton on X, May 21, 2025). |