Investors Fight Robinhood's Bid To End Suit Over $2.1B IPO

[Gunnar Larson]

Investors Fight Robinhood's Bid To End Suit Over $2.1B IPO

By Emilie Ruscoe

Investors in trading and investing app Robinhood have doubled down on
claims that the company misrepresented key financial metrics affecting its
bottom line in the lead-up to its $2.1 billion initial public offering in
July 2021, asking a San Francisco federal judge to deny the company's bid
to see the suit dismissed.

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https://www.law360.com/capitalmarkets/articles/1698453?nl_pk=8da16ff7-f140-492c-bcb7-88f09ca11890&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2023-07-12&nlsidx=0&nlaidx=6
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