Genius Group Limited (GNS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Genius Group’s founder and largest shareholder, Roger Hamilton, has called for an Emergency Board Meeting to address recent allegations of misconduct against certain board members and to reinforce the board’s fiduciary duties. Hamilton has exercised his rights to acquire additional shares, reinforcing his position as the top shareholder, and is pushing for a shareholder vote to remove implicated directors at the upcoming AGM. Furthermore, he has initiated legal action against the individuals accused of misconduct, demonstrating his commitment to protecting the company and its shareholders.
For further insights into GNS stock, check out TipRanks’ Stock Analysis page.