On January 28th, the stock trading app Robinhood became a subject of class-action lawsuit, following accusations of trade restrictions by users. The suit was filed by the Southern District of New York and Robinhood is accused of “purposefully, willfully and knowingly removed the stock ‘GME’ [GameStop] 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.” As a result users could not purchase AMC, GameStop and BlackBerry stocks.
Trending
- From Verses to Voices: Fat Joe & Jadakiss Find New Rhythm with “Joe & Jada” Podcast
- Tyla Thanks Fans as She Recovers from Brazil Incident
- Spotify Messages and the Culture of Listening Together
- Diddy Wins Again: The Podcast with Soul Puts the Case in Perspective
- Dupé Oloyede Redefines Women’s Leadership in HBCU Marching Bands
- More Than Music: The Immortal Hustle of Young Dolph
- Why Hip-Hop Keeps Losing Its Own—And What the Future of Safety Could Look Like
- Marathon Burger: A Culinary Movement Carrying Nipsey Hussle’s Legacy