Robinhood Settles for $10.2 Million Over Service Outage Dispute and Legal Troubles.

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Source: Barron's
Robinhood Settles for $10.2 Million Over Service Outage Dispute and Legal Troubles.
Photo: Barron's
TL;DR

Robinhood has agreed to pay up to $10.2 million to settle allegations relating to compliance problems at its brokerage unit during service outages in March 2020. The case was brought by a multistate coalition of securities regulators.

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