Genius Brands Int'l (GNUS) Comments on 'Meritless' Litigation
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Genius Brands International Comments on Meritless Litigation
August 21, 2020 8:42 AM UTCBEVERLY HILLS, Calif., Aug. 21, 2020 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (Genius Brands or the Company) (NASDAQ: GNUS), the global brand management company that creates and licenses multimedia entertainment content for children, today commented on certain litigation filed against the Company:
The lawsuit is meritless and we will vigorously defend ourselves against this hollow accusation.
The bottom line is that this lawsuit poses needless distractions, and can end up harming most shareholders by forcing the Company to... More
