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© Reuters
A United States federal appeals court docket has upheld a call to dismiss an investor class motion lawsuit towards on-line brokerage agency Robinhood (NASDAQ:) Markets over its meme inventory buying and selling debacle in early 2021.
A complete of 16 traders took half in a category motion lawsuit towards the buying and selling platform in September 2021, alleging the agency restricted them from buying 13 “meme shares” when hedge funds had been being brief squeezed in January 2021.
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