Brokers involved in Jan short squeeze assert traders’ lawsuit will be nixed
Online trading companies, hedge funds and clearing houses assert that Court will dismiss the short squeeze action against them.
Online trading companies, hedge funds and clearing houses assert that Court will dismiss the short squeeze action against them.
At least 39 actions concerning the January 2021 short squeeze will be centralized to continue in Florida.
As dozens of lawsuits challenge Robinhood over its trading restrictions, the brokerage is trying to secure more time to prepare its defense.
Interactive Brokers LLC and its affiliates have been named as defendants in seven of “short squeeze” class action lawsuits.
The new account opening freeze seems to be only affecting IG’s main UK website, but not websites operated by other IG entities.