Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Robinhood Markets, Inc. (HOOD) Class Action Lawsuit (December 2021)

In Litigation

3:21cv9767 • December 17, 2021

Class Period Start

July 29, 2021

Class Period End

December 17, 2021

PSLRA Deadline

February 15, 2022

Case Allegations

Sec11

Statutes of Repose

Jul 29, 2024

Country

United States

Court

Federal Court

Docket History

Feb 27, 2024

On Appeal

Jan 24, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

May 12, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Mar 13, 2023

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Robinhood Markets, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 10, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Aug 18, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jun 20, 2022

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Robinhood Markets, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Mar 24, 2022

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Dec 17, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Robinhood Markets, Inc..

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