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Online trading app RobinHood hit with class-action lawsuit over decision to halt GameStop stock sales

Online trading app RobinHood hit with class-action lawsuit
over decision to halt GameStop stock sales 1

“Robinhood purposefully, willfully, and knowingly removing the stock ‘GME’ from its trading platform in the midst of an unprecedented stock rise thereby deprived retail investors of the ability to invest in the open-market and manipulating the open-market,” said the lawsuit, filed in Manhattan federal court. “Retail investors could no longer buy or even search for GME on Robinhood’s app.”

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