The lawsuit was filed in New York and argues the app “rigged the market against it’s customers” when making that decision. Ohio-based ChapmanAlbin LLC has already collected the information of more than 6,000 individuals regarding Robinhood’s decision toward potential legal action.
Estimated reading time: 0 minutes, 24 seconds
Robinhood Facing Legal Action As Users Revolt Against GameStop Decision
Free stock app Robinhood is facing a class action lawsuit after it cut off customers from trading shares of GameStop amid a coordinated buying frenzy orchestrated by Reddit users. So reports CNN.
Latest from Progressive Law Practice
- California Drivers No Longer Need To Answer Cop’s Question
- Iowa Ban On LGBTQ+ Books Largely Blocked Ahead Of Enactment
- Michael Cohen's Legal Defense Included Non-existent Cases Invented By Google Bard: Report
- Hershey Sued For False Advertising Over 'Cute' Holiday Candy
- Terms Of Bombshell Google Privacy Settlement Undisclosed
Most Read
-
-
Apr 07 2013
-
Written by PLP News
In a sensational case that has reportedly “grabbed the attention…
-
-
-
Mar 31 2013
-
Written by PLP News
A DLA Piper associate’s e-mail stating “that bill shall know…
-
-
-
Jan 26 2014
-
Written by PLP News
A 55-year-old attorney at White & Case, who recently filed…
-
-
-
Jun 15 2014
-
Written by Tami Kamin Meyer
More than 1.2 million applications, or “apps,” are available at…
-