By Stephen Blake, Craig Waldman and Jonathan Youngwood ( June 7, 2024, 5:31 PM EDT) -- The putative securities fraud class action against Genius Brands Entertainment Inc. alleges that the company misled investors by representing in a securities purchase agreement, or SPA, that it had not compensated any entity to solicit its securities, when, in fact, it had retained a stock promoter to write and disseminate favorable articles about it. ...
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