Processing your request


please wait...

Case Page

 

Case Status:    ONGOING  
—On or around 10/09/2024 (Date of last review)
Current/Last Presiding Judge:  
Hon. Mary Kay Vyskocil

Filing Date: October 04, 2024

This action stems from a proposed merger announced on January 24, 2024, of Genius Group Limited, a leading edtech company and FatBrain AI, an AI SaaS and Solutions company. On March 14, 2024, the companies completed their merger.

The Complaint alleges that the merger was based on a fraudulent scheme to enrich the individual Defendants and deceive the companies' stockholders and that the terms of the merger agreement were not disclosed to the stockholders. The Complaint further alleges that the companies' press releases and SEC filings regarding the merger contained false information and omitted material facts.

Protected Content


Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.

When you sign up, you will have the option to save your search queries performed on the Advanced Search form.