These features ensure that you’re able to utilize all of the legal methods you want against Robinhood related to the GameStop issue. The addition of other class actions related to this issue as they are filed.Arbitration requests for those who don’t want to wait for the lawsuit to play out in court.The functionality to file complaints with the Securities and Exchange Commission.Some other useful features were just added to the mix, too, including:
This bot ensures that you end up on the right lawsuit and successfully join the fight against Robinhood. This service has added a new tool to the platform that uses a bot to direct users to the class-action lawsuit filed against Robinhood in the Southern District of New York. If you want to join the class-action lawsuit against Robinhood, you may want to set up an account with DoNotPay. How using DoNotPay can help you sue Robinhood This service just rolled out a new tool that will let you add yourself to the class-action lawsuit against the app, and it offers other useful functionalities, too. If you were affected by the Robinhood-GameStop trading restrictions, it’s now easy to join this lawsuit, thanks to. This prompted a class-action lawsuit against Robinhood by the amateur traders. This isn’t illegal by any stretch of the imagination, but the Robinhood app restricted the amateur traders’ ability to buy or sell certain stocks. To do this, the amateur day traders used the trading app Robinhood to make small investments in GameStop and collectively managed to run up its stock by 8,000%, causing the hedge fund to lose billions. Their plan caught the eye of a group of amateur day traders on the Reddit subgroup wall-street-bets, who decided to jump on the money train and fight the hedge fund billionaires by buying the stock and pushing up the price. GameStop’s less-than-stellar finances recently attracted the attention of Melvin Capital, a Wall Street hedge fund that’s been short-selling the company’s stock, betting that it will fail. If you aren’t caught up, here’s the gist: Have you heard about the ongoing issues with Reddit, Wall Street and the video game store GameStop? The short-selling shakeup has been all over the news in recent days.