View source version on businesswire.com: https://www.businesswire.com/news/home/20200826005080/en/, Genius Brands International Announces Marc Rosenberg as President of Global Brands and Chief Marketing Officer, https://www.businesswire.com/news/home/20200826005080/en/. According to the Genius Brands website, the network brand will merge their two channels Kid Genius Cartoon Channel and Baby Genius TV, which both have garnered a dramatic increase of viewership since May. The Genius Brands class action lawsuit charges Genius Brands and its founder and Chief Executive Officer with violations of the Securities Exchange Act of 1934. Genius Brands skyrocketed ahead of the release of “important news” for this week. View real-time stock prices and stock quotes for a full financial overview.

© 2020 Micky Global Pty Ltd It doesn’t include anything from Disney (NYSE:DIS)-owned Marvel. 1125 N. Charles St, Baltimore, MD 21201. On June 5, 2020, Hindenburg Research published a report entitled “A Bagholder’s Guide to Why We Think Genius Brands Will Be a $1.50 Stock Within a Month.” The report questioned the valuation of Genius Brands and highlighted inaccurate public statements made by Genius Brands. They have also partnered with Dooya TV to assist them with ad monetization among major cable providers such as Comcast, Cox, DISH, and Sling TV. Lead plaintiff motions for the Genius Brands class action lawsuit must be filed with the court no later than October 19, 2020. Finally, on July 6, 2020, Genius Brands issued another press release announcing the creation of a joint venture with POW! Please visit http://www.rgrdlaw.com for more information. Micky is a news site and does not provide trading, investing, or other financial advice. Genius Brands International is dedicated to creating and licensing animated programming that delivers "content with a purpose" for toddlers to tweens. your username. Entertainment regarding the intellectual property that Stan Lee created after his time at Marvel Entertainment. In addition, the stock also climbed over 300% amid its 4-day win streak.

Featured image courtesy of Kartoon Channel!/YouTube Screenshot. Those remain with Marvel and are not a part of the deal that Genius Brands has signed. While Stan Lee is known as the creator of Spider-Man and many other iconic superheroes, he didn’t own the right to them. By using this website, you affirm that you have read and agree to abide by our, Micky readers - you can get a 10% discount on trading fees on, Genius Brands stock rallies more than 2000% amid network launch. Also, Warner Music announced its IPO this year and is pushing to listing in the stock exchange this week amid delays. Before reading any material on this website, it is a requirement to read “Terms and Conditions” and “Privacy Policy“ first.

The Genius Brands class action lawsuit alleges that during the Class Period, defendants made false and/or misleading statements regarding: (i) Nickelodeon’s purported broadcast expansion of Genius Brands’ Rainbow Rangers cartoon; (ii) subscription fees for the Kartoon Channel!

This includes, but not limited to the public, consumers, readers & advertisers. Copyright © Andy Heyward, chairman and CEO of Genius Brands, said this about the news. As alleged in the Genius Brands class action lawsuit, when Genius Brands announced the slate of content, investors began to realize that the Kartoon Channel! Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities class action litigation. The stock price blasted off on “important news” speculation. Contact us: [email protected]. Looking at press releases on its website, they announced last May that Mattel, Inc. would debut their first toy line at Walmart stores for their show, Rainbow Rangers. Since May 1, this not so well-known children’s media company have surged as much as 2,500%. Article printed from InvestorPlace Media, https://investorplace.com/2020/07/genius-brands-news-hits-gnus-stock/.

Beyond securing financial recoveries for defrauded investors, Robbins Geller also specializes in implementing corporate governance reforms, helping to improve the financial markets for investors worldwide. GNUS | Complete Genius Brands International Inc. stock news by MarketWatch. A lead plaintiff will act on behalf of all other class members in directing the Genius Brands class action lawsuit.

“When we looked at the depth of these creations that sit in this library, the magnitude and value of this asset slowly began to sink in.

Then, on June 16, 2020, Genius Brands announced the programming lineup for its app.

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