FanDuel has provided to online bettors “materially false and misleading” information about how much time remains in live sporting events, a proposed class action alleges.
A bevy of stock brokerages, hedge funds and clearinghouses worked together to strip non-professional individual investors of their right to control their investments amid last week’s social media-driven price increases, a proposed class action alleges.
A proposed class action alleges Robinhood Financial LLC is “yet another Wall Street Wolf disguised in sheep’s clothing” and has conspired with hedge funds Citadel Securities and Point72 Asset Management.
A scathing lawsuit filed this week against Wells Fargo Bank, N.A. and Wells Fargo & Co. claims the bank placed military customers’ mortgage loans into forbearance during the COVID-19 pandemic without consent.
Robinhood Financial has been hit with a proposed class action lawsuit in the wake of the company’s intentional removal of GameStop (GME) stock from its popular trading app in the midst of an unprecedented rally driven by social media users.
The plaintiff, a Georgia resident, alleges in the 38-page lawsuit that she lost approximately $350,000 in retirement savings between January 2018 and September 21, 2020.
A class action claims Fiat Chrysler, Honda, Hyundai, Kia, Toyota, Mitsubishi and certain parts makers concealed for years an electrical defect affecting the airbag control units found in millions of vehicles.
The class action litigation against Robinhood continues to snowball, as plaintiffs charge in a souped-up amended complaint that inexperienced investors drawn in by the stock-trading app’s “game-like interface.”
A “vast majority” of minority- and woman-owned small businesses were never given the opportunity to apply for Paycheck Protection Program (PPP) loans before the federal money ran out, a proposed class action lawsuit alleges.
A proposed class action claims Great Lakes Educational Loan Services and the three main credit reporting agencies have inaccurately reported information regarding student loan payments that were suspended through September 2020 under the CARES Act.