Lawsuit for Investors in shares of Genius Brands International, Inc. (NASDAQ: GNUS) announced by Shareholders Foundation

SAN DIEGO, CA, September 29, 2020 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in NASDAQ: GNUS shares.

Investors, who purchased shares of Genius Brands International, Inc. (NASDAQ:GNUS) in February 2020 or earlier and continue to hold any of their NASDAQ: GNUS shares, have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The plaintiff alleges in the lawsuit that the Defendants violated provisions of the Securities Exchange Act of 1934 by making false and misleading statements concerning Genius's Rainbow Rangers intellectual property, the Kartoon Channel! app that Genius launched in June of 2020, as well as its joint venture relating to intellectual property associated with Marvel creator Stan Lee.

Those who purchased Genius Brands International, Inc. (NASDAQ: GNUS) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.