Read the order here.
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SAN FRANCISCO — A federal court in California dismissed, with leave to amend, a putative class action suit against Robinhood Financial alleging it didn’t inform consumers that it relies on a “payment for order flow,” in which it receives payment from “market makers in exchange for executing the service’s trades.”
Read the order here.
Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.