Robinhood's Bid To Toss Hacking Suit Meets Skeptical Judge

By Hannah Albarazi (April 27, 2021, 11:19 PM EDT) -- A California federal judge said Tuesday she's unlikely to toss a lawsuit accusing the stock-trading platform Robinhood of failing to adequately protect users' accounts from hackers, despite Robinhood's arguments that there was no data breach and that users, not the brokerage, failed to secure their accounts.

U.S. District Judge Susan Van Keulen said at the outset of a Zoom hearing that she thought the users had sufficiently alleged that a breach had occurred and that the Robinhood users, who lost funds when their accounts were hacked, needn't provide more detailed allegations to keep their claims alive.

Judge Van Keulen compared the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!