Labaton Sucharow Sues Arbitration Over Robinhood Trade Restrictions; Traders with losses are encouraged to contact the company
NEW YORK, NY / ACCESSWIRE / July 20, 2021 / Labaton Sucharow LLP, a securities litigation law firm, announces that it is pursuing claims on behalf of traders using Robinhood who have suffered losses in Gamestop (NYSE: GME), AMC (NYSE: AMC), Nokia (NYSE: NOK), BlackBerry, Bed Bath & Beyond, Naked Brands, Koss or Express following Robinhood’s decision to restrict trade.
During the week of January 25, 2021, Gamestop’s stock price rose over 200% due to a large number of individual traders buying the stock, and other stocks saw similar increases. On January 28, Robinhood announced that it was blocking its traders from opening new positions in Gamestop, AMC, Nokia and other stocks. He allowed his clients to sell only their positions and closed other positions without warning. After Robinhood was announced, the prices of Gamestop, AMC, Nokia and many other stocks restricted by Robinhood fell.
Robinhood traders who held Gamestop, AMC, Nokia, BlackBerry, Bed Bath & Beyond, Naked Brands, Koss or Express shares on January 27, 2021, are encouraged to register at https://clientconnect.labaton.com/case/ robinhood -commerce-restrictions /. Labaton Sucharow can analyze your claim and losses, negotiate with the company, and pursue your claim in arbitration if necessary.
About the firm
Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, as well as consumer cybersecurity and data confidentiality. Labaton Sucharow has been recognized for excellence by the courts and by his peers, and is regularly ranked in major industry publications. Offices are located in New York, NY, Wilmington, DE and Washington, DC. More information about Labaton Sucharow is available at https://clientconnect.labaton.com/.
Labaton Sucharow LLP
SOURCE: Labaton Sucharow LLP
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