Robinhood claims plaintiffs in short squeeze lawsuit cannot adequately prosecute action
Online brokerage Robinhood argues that traders do not even understand the substance of the action.
Online brokerage Robinhood argues that traders do not even understand the substance of the action.
Stock traders have filed an appeal from a District Court order in favour of Apex Clearing in a short squeeze lawsuit.
Apex Clearing has secured dismissal of the fourth class action complaint in a short squeeze lawsuit.
Apex Clearing argues that it did not breach any duties when it refused to accept new purchase orders for certain stocks.
Traders suing Apex Clearing for its actions during the January 2021 short squeeze have responded to its attempt to nix the complaint.
The Court has found that the complaint against Apex Clearing over its actions during the January short squeeze.
Robinhood insists that the complaint alleging it was involved in market manipulation in January 2021 should be dismissed.
The plaintiffs in a short squeeze lawsuit targeting companies such as Robinhood and Citadel need more time to draft an amended antitrust complaint.
Robinhood says that the assertions of stock traders who brought a short squeeze trading lawsuit against it are absurd.
The Court has found that traders embroiled in the January trading short squeeze have failed to plead conspiracy.