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Robinhood lawsuits and enforcement actions

4 cases · 2 active

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PatentActiveUnverifiedfiled Jun 2026Robinhood Markets, Inc. sued v. IIntellectual Ventures I LLCSued for patent infringement.D. Del.SecuritiesSettledfiled Jan 2025SEC: Robinhood broker-dealer violationsThe SEC found Robinhood broker-dealers violated more than 10 securities law provisions, including trade reporting and short sale rules.$45 millionSECSecuritiesActivefiled Apr 2021In re January 2021 Short Squeeze Trading LitigationConsolidated suits by investors against Robinhood and other brokers over trading restrictions on GameStop and other meme stocks in January 2021.S.D. Fla.SecuritiesSettledfiled Dec 2020SEC: Robinhood payment for order flowThe SEC found Robinhood misled customers about payment for order flow and failed to seek best execution.$65 millionSEC
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