NOTICE TO ROBINHOOD CUSTOMERS: The Securities Arbitration Law Firm of KlaymanToskes Is Investigating FINRA Arbitration Claims...
July 13 2021 - 9:30AM
Business Wire
KlaymanToskes (“KT”), a leading national securities arbitration
law firm, announces an investigation on behalf of Robinhood
Financial, LLC (“Robinhood”) investors who sustained losses in
Gamestop (NYSE: GME) due to trading restrictions imposed by
Robinhood in January 2021.
On January 28, 2021, Robinhood announced it restricted traders
on its platform from opening new positions in several stocks and
raised margin requirements on certain securities, including
Gamestop. Robinhood stated that the trading restrictions were risk
management decisions to protect the brokerage firm and its
clearinghouses. After Robinhood announced the trading restrictions,
the prices of Gamestop, AMC, Nokia, and other stocks spiraled
downward.
The sole purpose of this release is to investigate FINRA
arbitration claims relating to Robinhood’s trading restrictions
occurring in January 2021. Former and current customers of
Robinhood who held Gamestop securities on January 27, 2021 and who
have information relating to trading restrictions imposed by
Robinhood on their accounts are encouraged to contact KlaymanToskes
here.
About Klayman Toskes
KT is a leading national securities law firm which practices
exclusively in the field of securities arbitration on behalf of
retail and institutional investors throughout the world in large
and complex securities matters. KT has recovered more than $220
million for investors in FINRA arbitrations. KT has office
locations in California, Florida, New York, and Puerto Rico.
Destination:
https://klaymantoskes.com/klaymantoskes-is-pursuing-arbitration-for-robinhood-financial-trading-restrictions/
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version on businesswire.com: https://www.businesswire.com/news/home/20210713005411/en/
KlaymanToskes Lawrence L. Klayman, Esq. (561) 542-5131
lklayman@klaymantoskes.com www.klaymantoskes.com
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