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Levi Cobos v. Robinhood Financial LLC et al
Case Number:
2:21-cv-00843
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 11, 2021
Early Robinhood Ruling Marks Rocky Start For Traders' Suits
A California federal judge's decision not to grant a temporary restraining order against Robinhood may not bode well for the fate of roughly 50 federal lawsuits the company faces over trading restrictions it imposed for GameStop and other volatile stocks last month.
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February 10, 2021
Robinhood Users Face Uphill Fight For TRO In GameStop Suit
A California federal judge indicated Wednesday that she is unlikely to issue a temporary restraining order or preliminary injunction against Robinhood Financial LLC to prevent it from blocking specific transactions on volatile stocks after a user suing the company said the online trading platform's recent actions were "unprecedented."
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February 01, 2021
Lawsuits Mount As Robinhood Eases Trading Restrictions
Online stock trading platform Robinhood is facing more than 30 civil lawsuits over its decision last week to block users from buying shares of GameStop and other volatile stocks recently caught up in a trading frenzy.