The financial trading app Robinhood has been hit with a federal class-action lawsuit after it restricted trades to stocks popular on the Reddit forum r/WallStreetBets, sending Redditors and app users into a meltdown.
The lawsuit,
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Robinhood Hit With Class Action Suit—but Here’s Why It’s Likely to Fail
REDDIT REVOLT
The suit alleges that the app punished retail investors and manipulated the open market when it tried to restrict the insane GameStop surge.
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