in Newswire January 20, 2021

Investor Class Action Alleges Robinhood Capitalized on Young Traders’ ‘Naivete’ with High Payments for Order Flow

by Corrado Rizzi

Last Updated on January 20, 2021

Luparello v. Robinhood Financial LLC et al.

Filed: January 15, 2021 § 3:21-cv-00415

Robinhood faces another class action over its apparent failure to disclose that the majority of its revenue comes from high rates of payment for order flow.

Last Updated on January 20, 2021 — 5:01 PM

Corrado Rizzi

corrado@classaction.org

Corrado Rizzi is the Managing Editor and a writer for ClassAction.org.

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