SHAREHOLDER ALERT: Gross Law Firm Notifies Robinhood Markets, Inc. Shareholders of Class Action and Lead Plaintiff Deadline of February 15, 2022 – (HOOD)
NEW YORK, January 26, 2022 /PRNewswire/ — The law firm Gross, securities class action litigator, issues the following notice to shareholders of Robinhood Markets, Inc.:
Shareholders who purchased or otherwise acquired HOOD shares within the framework and/or traceable of the IPO of the company carried out in July 2021 are encouraged to contact the firm regarding a possible appointment as lead applicant. Appointment as lead plaintiff is not required to participate in any recovery.
CONTACT US HERE:
ALLEGATIONS: According to the filed complaint, the documents the company issued in connection with its IPO contained materially inaccurate, misleading and/or incomplete statements because they did not disclose that at the time of the IPO, the growth Robinhood’s revenue was experiencing a major reversal, with transaction-based revenue from cryptocurrency trading serving only as a short-term transitory injection, masking what was effectively stagnant growth. Further, the company’s “significant investments” in improving the reliability and scalability of its platform were grossly inadequate and/or flawed, exposing Robinhood to further service level disruptions and breaches. security, especially as the company expanded its services to a wider user base. .
DEADLINE FEBRUARY 15, 2022: Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/robinhood-markets-inc-loss-submission-form/?id=22509&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of HOOD during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. There is no cost or obligation for you to participate in this deal.
WHY BRUT CABINET D’AVOCATS? Gross Law Firm’s mission is to protect the rights of all investors who have suffered as a result of deception, fraud and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. Our team makes every effort to obtain the maximum recovery on behalf of investors. Lawyer advertisement. Prior results do not guarantee similar results.
The Raw Law Firm
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New York, NY, 10018
Email: [email protected]
Telephone: (646) 453-8903
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SOURCE The Raw Law Firm