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Whitesides et al v. E*Trade Securities, LLC et al
Case Number:
3:20-cv-05803
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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March 12, 2021
E-Trade Beats Suit Over Glitch Tied To Oil Price Drop, For Now
A California federal magistrate judge is giving a trio of traders 30 days to amend their negligence claims against E-Trade Securities LLC related to a system failure its trading platform experienced when crude oil futures prices plunged into negative territory last year.
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October 15, 2020
E-Trade Looks To Duck Suit Over Glitch Tied To Oil Price Drop
E-Trade Securities LLC asked a California federal judge Wednesday to toss a "threadbare" lawsuit alleging the company breached its customer contract by allowing its electronic trading platform to crash in April when crude oil futures went negative, locking out traders.
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August 19, 2020
E-Trade Sued Over Glitch When Oil Price Dipped
A proposed class action filed in California federal court Tuesday claims E-Trade Securities LLC was negligent in allowing its platform to crash in April when crude oil futures prices went negative, resulting in inaccurate positive prices frozen in place and traders unable to trade, leaving them on the hook for thousands of dollars owed to the online brokerage firm.