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Robinhood $9.9M Class Motion Settlement
Robinhood agreed to pay a $9.9 million settlement to resolve claims that account holders misplaced cash attributable to March 2020 outages. No declare kind is required to profit from the settlement. Class members who don’t exclude themselves will routinely obtain settlement advantages. On March 2, March 3 and March 9, 2020, Robinhood allegedly suffered from outages throughout which account holders have been unable to entry their belongings. Because of this, account holders allegedly misplaced cash as they have been unable to make trades and different selections that might have yielded a major revenue.
