Investors in Genius Brands, An Entertainment Company, Assert They Were Duped By Pump-And-Dump Scheme

In a complaint filed on August 18, 2020, in the Central District of California, plaintiff Salvador Verdin, individually and on behalf of all investors who purchased Genius stock between March 17 and July 5, 2020, accused defendants Genius Brands and its CEO, Andy Heyward, of violating Federal Securities Law. In the complaint, Plaintiffs claim that,…