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Thursday, April 25, 2024 | Back issues
Courthouse News Service Courthouse News Service

Robinhood

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

Categories / Briefs, Consumers, Securities, Technology

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