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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
15 March 2023
Collecting participants…

Robinhood Markets Inc

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options...

    Ticker
    HOOD.US
    ISIN
    US7707001027
    CIK
    1783879
    Sector
    Financial Services
    Industry
    Capital Markets
    Country
    USA
    Address
    85 Willow Road, Menlo Park, CA, United States, 94025