R
Robinhood
Robinhood agreed to a $9.9 million settlement for account holders who lost money due to March 2020 outages.
ClosedUnited States-wideClaim status: Claim window closedPayout: VariesNo longer claimable
About this settlement
Settlement for losses caused by Robinhood outages affecting trades in early March 2020.
This settlement resolves claims from Robinhood account holders who lost money due to trading outages in March 2020. Eligible claimants include those who experienced losses on certain trades during the outages.
Who qualifies
- Robinhood account holders who closed positions at a loss relative to VWAP during March 2-3, 2020 outages.
- Individuals holding SPDR S&P 500 options expiring March 2, 2020, who experienced losses during the March 2 outage.
- Traders who had failed equity trades that became marketable during March 2-3 or March 9, 2020 outages and incurred losses.
Varies
Claim status: Claim window closed