U.S. Markets closed
  • S&P 500

    3,453.49
    +17.93 (+0.52%)
     
  • Dow 30

    28,363.66
    +152.84 (+0.54%)
     
  • Nasdaq

    11,506.01
    +21.31 (+0.19%)
     
  • Russell 2000

    1,630.25
    +26.48 (+1.65%)
     
  • Crude Oil

    40.61
    -0.03 (-0.07%)
     
  • Gold

    1,906.50
    -23.00 (-1.19%)
     
  • Silver

    24.83
    -0.42 (-1.65%)
     
  • EUR/USD

    1.1830
    -0.0037 (-0.3076%)
     
  • 10-Yr Bond

    0.8480
    +0.0320 (+3.92%)
     
  • Vix

    28.11
    -0.54 (-1.88%)
     
  • GBP/USD

    1.3077
    -0.0067 (-0.5061%)
     
  • USD/JPY

    104.8380
    +0.2780 (+0.2659%)
     
  • BTC-USD

    13,061.28
    +2,004.28 (+18.13%)
     
  • CMC Crypto 200

    263.22
    +7.12 (+2.78%)
     
  • FTSE 100

    5,785.65
    +9.15 (+0.16%)
     
  • Nikkei 225

    23,474.27
    -92.73 (-0.39%)
     

ONE STOCK SYMBOL INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Genius Brands International, Inc. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm

·2 mins read

LOS ANGELES, CA / ACCESSWIRE / September 24, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Genius Brands International, Inc. ("Genius" or "the Company") (NASDAQ:GNUS) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 17, 2020 and July 5, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before October 19, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Genius misled investors about the Kartoon Channel app. The Company also made misleading claims concerning Nickelodeon expanding its "Rainbow Rangers" cartoon. The Company did not fairly present its growth potential and overall prospects. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Genius, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com" type="text">CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com" type="text">SOURCE: The Schall Law Firm



View source version on accesswire.com:
https://www.accesswire.com/607731/ONE-STOCK-SYMBOL-INVESTOR-NOTICE-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-Genius-Brands-International-Inc-and-Encourages-Investors-with-Losses-in-Excess-of-250000-to-Contact-the-Firm