Jeff Gutchess of AXS Law Group. Courtesy photo AXS Law Sues LZGI and Genius Group in $30 Million Fraud Case
"We're going with a one-two punch, with the class action proceeding in New York and the derivative proceeding here in Miami," Gutchess explained.
October 11, 2024 at 04:22 PM
5 minute read
What You Need to Know
- The plaintiff claimed that a fraudulent LGZI-GNS merger defrauded shareholders of $30 million
- AXS filed a class action in the Southern District of New York and plans to file a derivative action in Miami on Monday
- AXS just launched another office in Washington, D.C
AXS Law, on behalf of shareholders of LZG International (LGZI), filed a federal class action in the Southern District of New York against LGZI, Michael Moe, and Peter Ritz, as well as Roger Hamilton and Genius Group (GNS).
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