Robinhood faces over 30 class-action lawsuits for blocking GameStop stock, others

Angry internet users have filed over 30 class-action lawsuits against Robinhood for restricting stock buys on the app.

The lawsuits have been piling up in the PACER court database days after Robinhood stopped stock buys for GameStop and seven other companies. On Tuesday, PCMag counted 34 civil complaints against the company. 

A Massachusetts-based man named Brendon Nelson was the first to file a class-action lawsuit against Robinhood, demanding it pay up in damages for depriving users of the chance to buy GameStop stock. Since then, dozens of users across the U.S. have filed similar complaints. Read more...