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Updated: 2:53 PM CST January 28, 2021. WASHINGTON — The stock trading app Robinhood has been hit with a class action lawsuit after restricting users from trading in GameStop and other stocks.

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Robinhood Markets Inc's user agreement is likely to protect the brokerage app from a barrage of lawsuits filed by customers after it blocked a frenzied trading rally in.

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Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, in the Manhattan borough of New York. (John Minchillo/) But Robinhood — named for the folklore bandit who.

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Jan 27, 2022 · A day after GameStop reached its peak on Jan. 27 of last year, Robinhood started restricting trading in the meme stocks, which caused the value of those shares to nosedive. Robinhood said in a....

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Following the decision Thursday, shares of GameStop fluctuated wildly. The lawsuit claims Robinhood's decision deprived retail investors of potential gains they could have made by buying when the.

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Shortly after imposing restrictions, Robinhood was slapped with a class-action lawsuit for allegedly depriving “retail investors of the ability to invest in the open-market and manipulating the.

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Jul 01, 2021 · Robinhood has settled a wrongful death lawsuit filed by the family of a 20-year-old trader who died by suicide after seeing a negative account balance of $730,000. The controversial trading app ....

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Robinhood Slapped With Lawsuit for 'Manipulating' GameStop Trades Sean Burch January 28, 2021, 11:26 AM Robinhood was hit with a federal class-action lawsuit on Thursday, hours after the...
The suit arose after shares for GameStop closed at an all-time high last Wednesday. Two Floridians joined in a class-action lawsuit against the
WASHINGTON — The stock trading app Robinhood has been hit with a class action lawsuit after restricting users from trading in GameStop and other stocks that have soared recently due to rabid ...
Robinhood is one of 35 defendants and their subsidiaries facing lawsuits over the Jan. 28 trading halt, according to court papers. February 09, 2021 at 10:56 AM 1 minute read