Frequently asked questions
- General FAQ
If you are a Robinhood trader who suffered losses in GME, AMC, BB, BBBY, NOK, NAKD, KOSS, or EXPR after Robinhood’s decision to restrict trading in those stocks, sign up now to protect your rights through FINRA arbitration.
You may have been one of many individual traders using Robinhood to buy Gamestop and other stocks during January 2021. During the week of January 25, the price of Gamestop stock increased over 200% due to a large number of people buying the stock, and other stocks saw similar increases. On January 28, Robinhood announced it was restricting its traders from opening new positions in Gamestop, AMC, Nokia and other stocks. It allowed its customers to sell their positions only and closed other positions without warning. After Robinhood’s announcement, the prices of Gamestop, AMC, and many other stocks Robinhood restricted plummeted.
If you were using Robinhood to trade Gamestop or other stocks, you may qualify for this case. Sign up now to begin the process.
If you sign up, you'll get access to three experienced securities law firms who will work their hardest for you. Labaton Sucharow LLP is one of the premier plaintiff's securities firms in the United States, with 65 lawyers and an in-house team of analysts, investigators, and securities experts.
This is a big, complex case - there has never been anything like it. We're partnering with two experienced securities arbitration firms, Dimond Kaplan & Rothstein, P.A., and Levin Law, P.A. These lawyers have recovered millions in FINRA arbitration for affected individuals. Our firms working together on this matter does not mean that you will incur additional fees beyond our standard contingency fee.
There's no guarantees you'll recover, but once you sign up with us, we'll work our hardest for you.
Signing up with is completely optional, but if you don’t sign our attorney-client agreement, we won’t be able to help you recover anything. It is free to sign up, and we don’t charge any fees unless we’re successful. You will never owe us anything out of pocket.
Many brokers, like Robinhood, include arbitration clauses in their customer agreements where customers agree to bring their disputes to arbitration, not in court. They also include “class action waiver” clauses that prevent customers from joining or being part of a class action. A class action is a type of case where specific people act as representatives of the interests of unrepresented but similar people.
Companies attempt to use arbitration along with a class waiver to deny individuals the right to bring their claims collectively, as part of a class action. However, individuals can still bring claims on their own through arbitration. The individual arbitration process can be faster and more effective in resolving claims than class action litigation.