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Did Robinhood break the law with GameStop? We asked two litigators...

112 views· 4 likes· 5:46· Mar 23, 2021

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In early 2021, shares of GameStop (GME) spiked, jumping nearly 1000% amid weeks of volatile trading before crashing back down with billions of dollars changing hands. In the aftermath, Robinhood has been highly scrutinized by regulators and the public alike, with its CEO called to testify before Congress and the company facing mounting lawsuits. With new retail trading platforms like Robinhood playing an increasingly important role in capital markets, we examine Robinhood's potential liability for their role in the GameStop saga. Litigators Kenneth Breen (a former federal prosecutor) and Phara Guberman, partners at the international law firm Paul Hastings, break down Robinhood's potential exposure or lack thereof, including contractual breaches and enforcement actions for market manipulation and securities fraud. ► http://www.talksonlaw.com for more legal explainers and interviews with the titans of law. ► Facebook: http://www.facebook.com/talksonlaw ► Instagram: http://www.instagram.com/talksonlaw ► Twitter: http://www.twitter.com/talksonlaw ► TalksOnLaw does not provide legal advice. Learn more here: https://www.talksonlaw.com/briefs#about_tol_briefs_tol_is_not_your_lawyer ____________________

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