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.
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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.
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