Kids Cartoon Co. Gets Investor Suit Trimmed

By Katryna Perera ( August 7, 2025, 3:45 PM EDT) -- A California federal judge issued a mixed ruling in a securities class action alleging that kids cartoon company Genius Brands International Inc. and its CEO engaged in a pump-and-dump scheme, finding that the third version of the complaint only plausibly pleads that investors relied on misstatements related to the airing frequency of the show "Rainbow Rangers."...

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