Apex claims it owes no duty of care to traders caught up in short squeeze
Apex Clearing claims that traders were not only were chasing a market bubble, but also helped create the bubble in meme stocks.
Apex Clearing claims that traders were not only were chasing a market bubble, but also helped create the bubble in meme stocks.
Citadel argues that the traders have utterly failed to plead a cognizable antitrust claim that can survive a motion to dismiss.
The Court has denied as moot Robinhood’s motion to dismiss allegations about illegal trading restrictions during the January short squeeze.
Citadel Securities claims that the conspiracy theory at the heart of a “short squeeze” lawsuit brought by traders rings hollow.
Retail traders have dismissed several brokers, including tastyworks, from the antitrust tranche of the “short squeeze” lawsuit.
Only five companies of those sued for the January short squeeze have started producing documents but the data is too much to handle.