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Mehta v. Robinhood Financial LLC et al
Case Number:
5:21-cv-01013
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 16, 2023
Robinhood's $20M Data Breach Deal Gets Final Greenlight
A California federal judge on Tuesday gave the final stamp of approval to a nearly $20 million deal between Robinhood Financial LLC and a group of its customers, resolving allegations that the trading platform failed to protect thousands of accounts from a large data breach.
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August 23, 2022
Robinhood's $20M Deal Over Data Breach Gets Initial OK
A California magistrate judge on Tuesday preliminarily approved Robinhood Financial LLC's $20 million deal to settle a putative class action accusing the trading platform of failing to do enough to protect thousands of accounts from a data breach, noting that she received no objections and the deal seems fair.
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July 06, 2022
Robinhood Inks $20M Deal To Settle Suit Over Account Hacks
Robinhood Financial LLC has agreed to pay up to $20 million to provide compensation and credit monitoring to thousands of customers who say their accounts were hacked in order to settle a putative class action accusing the trading platform of failing to do enough to thwart the unauthorized access.
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September 09, 2021
Robinhood Can't Get Out Of Revamped Data Breach Suit
A California magistrate judge has again refused to ax a proposed class action brought by Robinhood customers who say their accounts were hacked, finding that they had adequately alleged claims under the state's novel privacy law, while giving them another chance to revise several other allegations.
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May 07, 2021
Robinhood Data Breach Suit Trimmed, But Still In Play
Robinhood customers who say their accounts were hacked can pursue some of their claims against the popular stock-trading platform, including allegations that Robinhood maintained lax security measures, a California magistrate judge found.
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April 27, 2021
Robinhood's Bid To Toss Hacking Suit Meets Skeptical Judge
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.
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March 15, 2021
Robinhood Seeks To Nix Customers' Data Breach Suit
Robinhood users who claim to be affected by a data breach haven't made the case that their losses were the result of inadequate security measures, the stock-trading platform has told a California federal court.