Chief Judge Cecilia M. Altonaga of the Florida Southern District Court was forced to demand clarity in a lawsuit brought by hundreds of traders against Robinhood over the January 2021 short squeeze.
Technically, the lawsuit was terminated in May 2024, as a settlement was reached.
Now, however, some of the plaintiffs have requested to sever their claims. The procedure has hit the curb, as there is no clarity how the settlement affects all the parties.
Although the settlement was successful, the settlement only purports to resolve the claims of 12…
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