In re Robinhood Outage Litigation

  1. October 06, 2020

    Robinhood Rips 'Shoot For The Moon' Strategy In Outage Suit

    Trading platform Robinhood sought to end a proposed class action it's facing in California federal court, arguing that users of the platform alleging they were hurt by trading service outages amid volatile market conditions had employed "a 'shoot for the moon' approach" to the litigation.

  2. August 24, 2020

    Robinhood Users Blast 'Game-Like Interface' In Amended Suit

    A proposed class of Robinhood users beefed up their claims against the trading app on Friday with an amended complaint alleging the app's "game-like interface" attracted inexperienced investors who found themselves locked out of their accounts in early March.

  3. July 22, 2020

    Robinhood Class Counsel Given OK After Diversity Push

    A California federal judge on Wednesday appointed Cotchett Pitre & McCarthy LLP and Kaplan Fox & Kilsheimer LLP to lead a securities action against stock trading app Robinhood, signing off on the more diverse slate of attorneys after previously pointing out that the lead counsel hopefuls were all men.

  4. July 16, 2020

    Robinhood Users Tweak Counsel Bid To Add Female Attys

    Two law firms hoping to lead a securities action against stock trading application Robinhood have reconfigured their class counsel proposal after a California federal judge rejected their initial bid for including only men.

  5. July 14, 2020

    All-Male Robinhood Class Counsel Won't Fly For Calif. Judge

    A California federal judge overseeing the consolidation of class actions against stock trading application Robinhood on Tuesday rejected a motion to appoint class counsel, saying he wants a more diverse slate of attorneys after pointing out all the proposed lead counsel, executive committee members and liaison counsel are men.

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