Citadel, IBKR, Robinhood, Apex nix conspiracy claims in short squeeze lawsuit
The Court has found that traders embroiled in the January trading short squeeze have failed to plead conspiracy.
The Court has found that traders embroiled in the January trading short squeeze have failed to plead conspiracy.
According to the traders, Citadel mischaracterizes the SEC’s Report and cherry picks portions that expand its arguments.
Citadel Securities, which is accused of participating in market conspiracy that led to the January short squeeze events, refers to SEC report.
Traders who brought a large “short squeeze” lawsuit claim the actual client of Robinhood is Citadel Securities.
Citadel Securities claims that the conspiracy theory at the heart of a “short squeeze” lawsuit brought by traders rings hollow.