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Robinhood Blocked Buy Trades of Certain Stocks California Complaint

March 11, 2021

A number of class actions have been filed on the subject of restricted trading in GameStop and other popular securities in January of 2021, blaming it on a desire among certain short-sellers to stop the rise of those securities. This class action centers on the same blocking of trading in those same stocks, but blames it on Robinhood Financial, LLC and its inability to handle the trading volume and a call from the Depository Trust & Clearing Corporation (DTCC) that required it to put up additional collateral against the trades it was making.

Case Event File: Robinhood Blocked Buy Trades of Certain Stocks California Complaint

Related to: Robinhood Blocked Buy Trades of Certain Stocks California Class Action