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Robinhood survives meme stock lawsuit
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fnlondon.comRobinhood scored a victory as a federal judge dismissed a lawsuit accusing the brokerage of colluding with electronic trading firm Citadel Securities to stop investors from buying GameStop and other meme stocks in January.
The lawsuit had been filed on behalf of investors who lost money when Robinhood and other brokerages imposed trading restrictions in GameStop, AMC and several other stocks on 28 January.
In...
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