Thank you for sharing!

Your article was successfully shared with the contacts you provided.
James L. Ferraro shaeholder with The Ferraro Law Firm. Courtesy photo James L. Ferraro shareholder with The Ferraro Law Firm in Miami, filed the class action complaint. Courtesy photo

A Miami firm has become the latest to join a wave of litigation against stock trading application Robinhood Financial LLC over the company’s decision to restrict trading in certain securities, including shares of GameStop Corp. and Nokia Corp., amid an unprecedented Reddit-fueled price hike.

The Ferraro Law Firm filed the complaint Saturday in the Southern District of Florida, accusing the online brokerage firm of using “sleazy” business practices to betray the customer base it claimed to serve.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

Click here to access the Public Notices and the Courts sections of the The Daily Business Review in PDF format.
Already have an account?

Raychel Lean

Raychel Lean is ALM's Florida bureau chief, overseeing the Daily Business Review. Email her at [email protected] or follow her on Twitter via @raychellean.

More from this author

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.