Consumer Protection

Robinhood Market Manipulation Investigation

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UPDATE. February 3, 2021: Class action complaint filed in the Northern District of California. Read it here. Migliaccio & Rathod LLP is currently investigating Robinhood Markets and Interactive Brokers Group Inc. for complaints of market manipulation in regard to shares of GameStop (GME), AMC Entertainment Holdings (AMC), Nokia (NOK), Blackberry (BB), American Airlines Group Inc […]

Deceptive Trade Practice

Why Is Robinhood Receiving Millions from High-Frequency Traders? We investigate.

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The web is ablaze with concerns about stock trading company Robinhood receiving potentially millions of dollars in payments for selling its customers’ orders to high frequency traders (“HFTs”). Robinhood is a stock-trading platform with a large millennial base who were drawn in by the promise of commission-free trading.  Recent government filings reveal that Robinhood is […]