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HOOD.US
id: 616
Robinhood (HOOD) Duty Breach Case and protect your SBNY,SVB Options Case
- #Robinhood Users Say The Trading App Won’t Cash In Their Profitable Bets Against #SiliconValleyBank.
- $HOOD Investors and Users suspect #Robinhood and its Management are in breach of duties to Clients and Investors.
On March 15, 2023, #Forbes issued an article titled "Robinhood Users Say The Trading App Won’t Cash In Their Profitable Bets Against Silicon Valley Bank".
According to the article:
- In the case of Silicon Valley Bank and Signature Bank, some Robinhood users purchased put options on the stocks before they collapsed.
- The problem is, according to users of the trading app, Robinhood isn’t allowing them to sell their contracts or get paid. A slew of the contracts is set to expire on Friday.
Taking all facts into account, $HOOD Customers and Investors may have reasons to suspect #Robinhood and its Management are in breach of duties to Clients and Investors.
Case Status
Attorney Investigation
Alleged Offence
Mismanagement,
Fraud,
Malpractice,
Negligence,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Service Provider
Security Type
Derivative (Futures, Option, SWAP)
Trade Direction
Long
Shock Event Date
03/15/2023