Don’t Miss any Class Motion lawsuits! Be sure to try the most recent checklist – HERE
The settlement advantages people who skilled an unauthorized entry incident on their Robinhood account between Jan. 1, 2020, and April 27, 2022, that was both reported to Robinhood by clients or reported to clients by Robinhood.
Robinhood clients allegedly misplaced hundreds of thousands on account of the information breach. Regardless of promising to cowl 100% of all losses brought on by unauthorized exercise, Robinhood allegedly denied some requests for reimbursement with none rationalization.
Class members can obtain as much as $100 for out-of-pocket bills associated to the information breach, together with communication costs, unreimbursed account losses, financial institution charges and extra.
Class members can obtain further funds of as much as $100 for credit score monitoring or identity-theft safety and as much as $60 for misplaced time. In whole, class members can obtain a money fee of as much as $260 from the settlement.
