April 08, 2025
A Florida federal judge overseeing the multidistrict litigation over Robinhood's decision to freeze trading in certain so-called meme stocks ordered four remaining plaintiffs in the case to arbitrate their claims, writing in an order that there's no dispute a valid arbitration agreement exists.
January 13, 2025
Stock trading platform Robinhood has failed to lay the groundwork for sending user disputes to arbitration, seven users of the platform claimed Monday in a bid to keep their claims in federal court over the company's 2021 suspension certain so-called meme stock trades.
December 10, 2024
Stock trading platform Robinhood urged a Florida federal court to send to arbitration the seven remaining individual suits brought against it as part of a multidistrict litigation over the platform's decision to freeze trading in certain so-called meme stocks amid a social-media fueled run on shares of those issuers.
July 24, 2024
A meme stock investor on Wednesday urged a Florida federal judge to deny a settlement between Robinhood and other traders who say they sustained losses when the exchange restricted trading of certain stocks during a social media fueled run, since he says he hasn't received any details on the deal.
May 29, 2024
Robinhood Markets Inc. told a Florida federal judge Tuesday that it has reached a settlement with investors to resolve a suit over the trading platform's suspension of so-called meme stock purchases, saying it anticipates finalizing the deal within the next two weeks.
April 22, 2024
A Florida federal judge has denied a bid from Robinhood investors to file a new motion for class certification in a suit over the trading platform's suspension of so-called meme stock purchases, saying the deadline for class certification has passed and the investors have not shown a good reason to extend it.
March 13, 2024
Trading platform Robinhood has told a Florida federal court that it should not be required to produce documents requested by investors in their "eleventh hour" motion to extend discovery in a suit alleging investors were damaged when Robinhood suspended purchases of so-called meme stocks to avoid a purported liquidity problem.
November 14, 2023
A Miami federal judge has refused to certify a class of investors in so-called meme stocks who alleged they were hurt when trading platform Robinhood suspended purchases of those stocks to avoid a purported liquidity problem, finding the investors failed to show that common issues predominate their claims.
May 01, 2023
Investors in so-called meme stocks who allege they were hurt when trading platform Robinhood suspended purchases of those stocks to avoid a purported liquidity problem have asked a Miami federal judge to certify their proposed class, contending that the company has made a number of "unorthodox, convoluted" arguments that should not prevent the class from being certified.
January 10, 2023
Meme stock investors failed in their last attempt to plead claims against broker-dealer Apex Clearing Corp. after a Florida federal judge on Monday dismissed their suit looking to hold Apex liable for trading losses and declined to give them another shot at amending their complaint.