9th Circ. Revives Pump-And-Dump Action Against Cartoon Co.

By Katryna Perera (April 5, 2024, 10:38 PM EDT) -- The Ninth Circuit on Friday revived a securities class action accusing children's entertainment company Genius Brands International Inc. of running a pump-and-dump scheme in its stock, and in doing so likened the court's mission to that of the heroes of the company's cartoon production "Rainbow Rangers."...

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