#BREAKING: 1st class action against @RobinhoodApp just filed in Manhattan federal court, hours after app restricted individual, retail investors from buying #GME shares. Plaintiff alleges illegal market manipulation while #wallstreetbets users denounce the app @CourthouseNews
Halt in #GME buying by @RobinhoodApp comes one day after @TDAmeritrade inserted similar limits. TD strategist JJ Kinahan is speaking now, says firm is not allowing naked call selling in @GameStop, cites "unparalleled trading in terms of volatility" #wallstreetbets @CourthouseNews
In related news, today I learned @JaRule is a @RobinhoodApp user. Or should I say "was" a Robinhood user #wallstreetbets #GME @CourthouseNews https://twitter.com/jarule/status/1354810887119409162
I'm getting asked "how do I sign up for the @RobinhoodApp class action lawsuit?" Answer: nothing. This kind of case usually is do-nothing to be included in the proposed class. You typically "sign up" when a settlement is reached to submit to the court. Years away @CourthouseNews
#UPDATE: 2nd @RobinhoodApp class action suit filed this afternoon in Multnomah County Circuit Court in Portland, Oregon. Claims this morning's halt of @Gamestop buying = unlawful trade practices. Claims "not subject to mandatory arbitration" #wallstreetbets #GME @CourthouseNews
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