June 13, 2024


Law can do.

ROBINHOOD INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Robinhood



NEW ORLEANS–(Organization WIRE)–Former Lawyer General of Louisiana, Charles C. Foti, Jr., Esq., a husband or wife at the legislation firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF carries on its investigation into Robinhood Markets, Inc. (NasdaqGS: HOOD).

During its July 2021 Preliminary Community Featuring (IPO), the Company touted its significant progress, good quality execution, significant protection expectations, and motivation to supplying consumers with a remarkably accessible and harmless buying and selling expertise. In October 2021, the Organization disclosed a selection of unfavorable economic and operational final results, masking the exact time period that its IPO was held, such as declines in overall net revenue, regular monthly energetic users, funded accounts, belongings underneath custody, and regular earnings for every user, amid other matters. Then, on November 8, 2021, the Business disclosed that it had experienced a “data safety incident” on November 3rd in which hackers ended up capable to attain obtain to selected individual details of about 7 million customers.

KSF’s investigation is focusing on irrespective of whether Robinhood’s officers and/or administrators breached their fiduciary duties to Robinhood’s shareholders or if not violated condition or federal guidelines.

If you have information that would help KSF in its investigation, or have been a long-term holder of Robinhood shares and would like to talk about your lawful legal rights, you might, with out obligation or charge to you, phone toll-no cost at 1-877-515-1850 or e mail KSF Controlling Associate Lewis Kahn ([email protected]), or check out https://www.ksfcounsel.com/scenarios/nasdaqgs-hood/ to study more.

About Kahn Swick & Foti, LLC

KSF, whose companions include things like previous Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law corporations. KSF serves a selection of purchasers – which include general public institutional buyers, hedge cash, dollars administrators and retail traders – in trying to find recoveries for expenditure losses emanating from corporate fraud or malfeasance by publicly traded corporations. KSF has places of work in New York, California, Louisiana and New Jersey.

To master more about KSF, you may well go to www.ksfcounsel.com.


Kahn Swick & Foti, LLC

Lewis Kahn, Controlling Companion

[email protected]


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