Court dismisses claims Robinhood wrongly restricted “meme stock” trades

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Jan 27 (Reuters) – A U.S. federal court on Thursday dismissed a lawsuit accusing Robinhood Markets Inc of violating state laws by restricting trades on so-called meme stocks during a January 2021 rally, a move that retail traders allege resulted in …

Source: Court dismisses claims Robinhood wrongly restricted “meme stock” trades