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Trading platform Robinhood soon to settle meme stock lawsuit with its investors

Robinhood is on the verge of finalising a settlement with investors who sued the trading platform for halting the trading of certain meme stocks.

Rosen Law Firm To Lead Class In Robinhood MDL

A Florida federal judge appointed the Rosen Law Firm PA on Friday to lead multidistrict litigation that alleges stock-trading app Robinhood caused more than $10 billion in market capitalization losses after its customers were hit in January with trading restrictions on certain stocks.

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