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Frustrated investors who sued after getting locked out of trading in frenzied shares like GameStop Corp. aren’t likely to have much luck in court either. ....
Stephen Brown took stock of the phenomenon: Unbelievable. ECF in Southern District of New York appears down because people are trying to access the class action against @RobinhoodApphttps://t.co/Z3GrqXt51n As Law&Crime reported earlier on Thursday, lawsuits, at least one of them a class action, were filed against the wildly popular retail brokerage Robinhood over the company’s decision to freeze trading on certain equities favored by the r/WallStreetBets subreddit after several days of intense buying pressure forced multiple hedge funds into billion-dollar losses. The demand for those court filings might be said to have been commensurate with–or at least somewhat to–the organic demand for the since-frozen stocks themselves. ....
GameStop investors suing Robinhood over trading limits face high legal bar chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Robinhood Sued by Investor, Claims He Got Screwed by Trading Halt Robinhood Sued Investor Says He Got Screwed . By Unfair Trading Halt Exclusive Getty A man with a major investment in BlackBerry options claims his finances are taking a dive due to Robinhood halting trading on his stock . a move he believes was made to protect Wall Street s hedge fund bros. Richard Joseph Gatz of Illinois is going after the financial services company, after it stopped allowing individuals to buy stock in companies at the center of the current battle between Reddit investors and hedge fund managers . including GameStop, AMC, BlackBerry and Nokia. ....
Robinhood lawsuit: App sued by Naperville man over trading halt prompted by AMC, Blackberry, Nokia, GameStop stock abc7chicago.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc7chicago.com Daily Mail and Mail on Sunday newspapers.