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Batchelar v. Interactive Brokers, LLC et al
Case Number:
3:15-cv-01836
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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January 26, 2026
Interactive Brokers Inks $5M Deal To End Algorithm Class Suit
Online broker-dealer Interactive Brokers LLC and an investor have asked a Connecticut federal judge to give an initial nod to a $5 million deal to end decade-long class action negligence claims surrounding an allegedly faulty algorithm that liquidated short-sold securities.
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November 04, 2019
Interactive Brokers Files Counterclaim In Liquidation Suit
Interactive Brokers LLC filed a counterclaim on Friday against an investor who alleges the firm used a faulty algorithm to liquidate securities he'd short-sold, saying the investor's own risky trading led to his six-figure losses.
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October 01, 2019
Interactive Brokers Can't Nix Suit Over Liquidation Algorithm
A Connecticut federal judge on Monday said he would not dismiss a putative class action from an investor who claims Interactive Brokers LLC used a faulty algorithm to liquidate securities he'd short-sold, causing six-figure losses.