Lawyer Reacts To Robinhood Class Action Lawsuit Over Gamestop Stocks

Fueled by the Wall Street Bets sub-reddit, we all witnessed one of the most amazing stock rises in recent times. GME (Gamestop) was on what seemed to be a meteoric trajectory, that is until Robinhood allegedly stepped in.

In this video we’ll walk through the class action lawsuit between Robinhood customers and the Robinhood app, specifically focusing on:

1. Who can be considered a class action?
2. The Complaint
3. Robinhood’s Customer Agreement and whether the arbitration clause preempts the lawsuit altogther.

Robinhood Customer Agreement:
https://cdn.robinhood.com/assets/robinhood/legal/Customer%20Agreement.pdf

The Complaint:
https://www.courtlistener.com/recap/gov.uscourts.nysd.553175/gov.uscourts.nysd.553175.1.0.pdf

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Prior videos:
Music Royalties Explained
https://www.youtube.com/watch?v=2xUxA2gBLoU

Kanye Contract Break Down Part 1
https://www.youtube.com/watch?v=DTcqTF-05wQ&t=773s

Kanye Contract Break Down Part 2
https://www.youtube.com/watch?v=6hvH15D0Vik&t=633s

A huge shoutout to my dear friend and the best researcher in the game, Chelsea! Check out her podcast at https://open.spotify.com/show/1b1xkI2G5T9QgBGUVC7zek.

Insta: @winenchill

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