Court sides with Apex Clearing in short squeeze trading lawsuit
The Court has found that the complaint against Apex Clearing over its actions during the January short squeeze.
The Court has found that the complaint against Apex Clearing over its actions during the January short squeeze.
Traders caught up in the January short squeeze accuse Robinhood of violating the US Exchange Act by imposing stock trading restrictions.
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.
Interactive Brokers provides an update on the “Reddit-related short-squeeze” litigation stemming from January trading restrictions.
Traders claim Robinhood chose to pull itself back from the brink by intentionally devastating the market for in-demand securities.
Traders embroiled in a short squeeze lawsuit claim Apex’s imposition of unwarranted hours-long Purchase Shutdown is classic negligence.
According to the traders, Citadel mischaracterizes the SEC’s Report and cherry picks portions that expand its arguments.
Robinhood Markets Inc accrued legal and regulatory contingencies of $33.1 million at the end of Q3 2021.