Legal Analysis: The Class Action Cases against Robinhood

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, the retail trading platform Robinhood has faced a significant public backlash and now faces a number of class action lawsuits alleging breach of contract and securities violations. We look at the legal case against Robinhood for its role in the GameStop saga. Litigators Kenneth Breen (a former federal prosecutor) and Phara Guberman, partners at the international law firm Paul Hastings, dissect some of the claims presented in the cases against Robinhood. ► 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