US Supreme Court agrees to hear appeal in Robinhood IPO omission lawsuit
The U.S. Supreme Court has agreed to hear an appeal by Robinhood seeking to block an investor lawsuit accusing the company of omitting interim financial data in its 2021 initial public offering (IPO). Previously, the U.S. Court of Appeals for the Ninth Circuit revived the lawsuit, and the Donald Trump administration had urged the Supreme Court to take up the case.
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