Robinhood Markets on Thursday defeated an appeal by investors over the stock trading platform s decision to restrict purchases of 13 meme stocks during a January 2021 frenzy that squeezed hedge funds.
The 11th U.S. Circuit Court of Appeals in Atlanta dismissed claims that Robinhood was negligent in failing to keep investors from losing money, or failed to ensure that its "mission critical systems" would work properly.
A federal appeals court Wednesday rejected a construction company’s attempt to limit liability after barges broke loose and damaged the Pensacola Bay Bridge .
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