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In re: Robinhood Outage Litigation

 
Case Tracker Status Icon Case Tracker Status Icon Lawsuit Filed
Case Tracker Status Icon Case Tracker Status Icon Class Certified
Case Tracker Status Icon Case Tracker Status Icon Settlement Approved
Case Tracker Status Icon Case Tracker Status Icon Open for Claims
Case Tracker Status Icon Case Tracker Status Icon Claims Period Closed

Status: In progress

File a Claim
  • Deadline to file a claim: 05/01/2023
  • Proof of Purchase Required: No
  • Potential Individual Reward: Varies
  • Total Settlement Amount: $9.9 million
  • Nationwide

Status: In progress

File a Claim
  • Deadline to file a claim: 05/01/2023
  • Proof of Purchase Required: No
  • Potential Individual Reward: Varies
  • Total Settlement Amount: $9.9 million
  • Nationwide

Status: In progress

File a Claim
  • Deadline to file a claim: 05/01/2023
  • Proof of Purchase Required: No
  • Potential Individual Reward: Varies
  • Total Settlement Amount: $9.9 million
  • Nationwide

Status: In progress

The settlement benefits Robinhood account holders who engaged in one of three types of qualifying trades: VWAP Loss Traders: Individuals who closed one or more positions on March 3, 2020, at a loss relative to the volume weighted average price (VWAP) of those positions during the March 2 and 2, 2020, outages. SPY Options Traders: Individuals who held a Standard & Poor's depository receipt (SPDR) S&P 500 option position expiring March 2, 2020, and experienced a loss relative to the VWAP of those options during the March 2, 2020, outage. Failed Marketable Traders: Individuals who experienced a failed equity trade that became marketable during the March 2 and 3, 2020, outages at a loss relative to the price at the end of the outages and/or the transaction price obtained through March 4, 2020, OR Individuals who experienced a failed equity trade that became marketable during the March 9, 2020, outage at a loss relative to the price at the end of the outage and/or the transaction price obtained through March 10, 2020.

File a Claim
  • Deadline to file a claim: 05/01/2023
  • Proof of Purchase Required: No
  • Potential Individual Reward: Varies
  • Total Settlement Amount: $9.9 million
  • Nationwide

Status: In progress

The deadline to object or opt out of the settlement has passed.

File a Claim
  • Deadline to file a claim: 05/01/2023
  • Proof of Purchase Required: No
  • Potential Individual Reward: Varies
  • Total Settlement Amount: $9.9 million
  • Nationwide
Case Information
Lawsuit Filed
Class Certified
Settlement Approved
Open for Claims
Claims Period Closed
Case Table of Contents
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