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US Supreme Court to consider lawsuit over Robinhood's 2021 IPO

Published by The Economic Times · India 1 h ago
US Supreme Court to consider lawsuit over Robinhood's 2021 IPO
The Economic Times

Detailed summary

Robinhood Markets has filed an appeal with the US Supreme Court concerning a class action lawsuit brought forth by investors. The lawsuit claims the company misled investors ahead of its IPO in July 2021 by not revealing how reduced trading volumes would affect their investments.

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