@stephmase22 Does a tree make a forest, NASDAQ top officials cannot claim innocence allegedly, every stakeholders must be properly investigated, not by SEC, but an independent public investigation must be setup! Personal opinion and sentiments only!
@BossBlunts1 Is AA planning to raise money again? I can't trust someone that constantly slaughtered squeeze momentum with all sorts of APE creation and merging again into AMC and allowed shorts to go unpunished years ago!
$GNS [SETTLEMENT ACHIEVED]
Shawn Carey et al v Michael Moe et al
(aka: LZG shareholders v LZG, Michael Moe and Peter Ritz)
MEDIATION SUCCESS: LZGI shareholders and Executives Strike Settlement to End Major Shareholder Lawsuit
This filing is an official Amended Mediation Disposition Report filed in a Miami-Dade County circuit court on May 26, 2026. It serves as a formal notification that a complex legal dispute involving LZG International, Inc. shareholders and several high-profile executives including Michael Moe, Peter Ritz, Michael Carter, and Eric Pulier has been SUCCESSFULLY RESOLVED.
The core takeaway from the filing is that the lawsuit has ended in a settlement rather than proceeding to a disruptive trial. The original action was filed both individually and derivatively on behalf of LZG which means the plaintiffs were suing company insiders on behalf of the corporation itself.
According to the mediator, Lance August Harke, ALL parties and their respective trial counsel participated in a mediation conference on March 13, 2026. The session was completely successful, culminating in a mutual agreement that removes a massive cloud of legal uncertainty from the companies involved.
With the settlement officially reached, the parties will now move forward to present the proposed terms of the agreement to the court for final judicial approval.
Genius Group achieved a total strategic victory through this settlement, transforming a potentially disruptive lawsuit into a powerful tool that completely dismantled their opponents' position.
Before this mediation agreement was even finalized, the litigation had already accomplished Genius Group's primary objectives.
The Florida court had issued a devastating final judgment against the primary opposing actors, Michael Moe and Peter Ritz, legally stripping Ritz of his CEO title, ejecting both men from the Board of Directors of LZG International, and forcing them to turn over their private financial records.
The settlement simply provides the formal conclusion to a battle that Genius Group had already decisively won.
Furthermore, the timing of this settlement provides massive downstream benefits for Genius Group’s broader financial and legal goals. It comes directly on the heels of the company's major International Chamber of Commerce (ICC) arbitration victory, which awarded Genius Group $8 million in cash and ordered the return of 7.4 million GNS shares.
By settling this Florida case, Genius Group has permanently shut down the main legal venue Moe and Ritz were using to stall that recovery, clearing an unobstructed path for the company to collect its millions and shrink its public share float.
Most importantly, this settlement gives Genius Group ironclad leverage in its ongoing, $750 million federal civil RICO lawsuit against Moe, Ritz, and their associates. Because the Florida case concludes with existing court findings that the defendants grossly abused their positions and intentionally harmed shareholders, those damning admissions are now locked in as permanent, undisputed judicial records.
Genius Group’s legal team can now port those exact findings straight into federal court as undisputed proof of a corporate racketeering pattern, turning a settled state lawsuit into heavy artillery for their multi-million-dollar federal claims.
@xMarketNews@sumo_moon@mclaughli46343@rogerhamilton@BasileEsq@JWesChristian
Thanks @Ohitskaykay_St for the summary of $GNS total win - the first of 7 separate interconnected legal cases with over $1 Billion in damages sought.
Key Rulings of the ICC Final Award:
>> Contract Voided: The APA is rescinded and declared void, effective immediately.
>> Total Asset Recovery: LZGI is ordered to return 7.4m shares of Genius common stock + $8.0m
>> All Counterclaims Dismissed: All of LZGI's affirmative defenses and counterclaims were rejected.
>> Findings of Fraud: The Tribunal's formal finding that LZGI engaged in fraudulent inducement.
This and every ruling will have an impact on the cases to follow:
CASE #1 - ICC Arbitration: TOTAL WIN (rescission, return of 7.4M shares + $8M+)
CASE #2 - LZGI Shareholder Suit against LZGI, Ritz & Moe (Case No: 2024-019773-CA-01) Fraud judgment entered; jury trial for damages pending
CASE #3 - GNS v. LZGI PI & 2nd Circuit Appeal (SDNY 1:24-cv-08464 / USCA 25-0630) Pending request for LZGI bond to be released to GNS
CASE #4 - Ritz vs GNS Employment Case + Counterclaim. million-dollar judgment pending for Ritz & Moe breach of contract
CASE #5 - LZGI RICO Case (S.D. Fla. 1:25-cv-21496) Triple damages >$750M sought by GNS from Ritz, Moe, Carter & Clayton
CASE #6 - SEC v. Clayton et al re: Seurities and Shareholder Fraud related to LZGI and various companies (D. Utah 2:24-cv-918)
CASE #7 Share Manipulation Class Action v. Citadel & Virtu (S.D.N.Y. 1:25-cv-09546) for >$250M for spoofing and naked short selling of GNS stock.
Thank you to our long term shareholders who are keeping track of the various cases.
This is a marathon not a sprint. However as of now we are 1 for 1, and optimistic for the future.
Thank you to our world class legal team. More updates as our lawyers permit.
"The moral arc of the universe bends at the elbow of justice." ~ Martin Luther King Jr.