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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Genius Brands International, Inc of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 19, 2020 - GNUS

Newsfile Corp.
·2 mins read

New York, New York--(Newsfile Corp. - October 12, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Genius Brands International, Inc ("Genius Brands") (NASDAQ: GNUS) between March 17, 2020 and July 5, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Central District of California. To get more information go to:

https://www.zlk.com/pslra-1/genius-brands-international-inc-information-request-form?prid=10038&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

According to the Genius Brands lawsuit defendants made false and/or misleading statements and/or failed to disclose material information regarding: (i) Nickelodeon's purported broadcast expansion of Genius's Rainbow Rangers cartoon; (ii) subscription fees for the Kartoon Channel!; and (iii) the Company's growth potential and overall prospects as a company.

If you suffered a loss in Genius Brands you have until October 19, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/65751