NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of those who lost money using Robinhood Financial, LLC, Robinhood Securities LLC, and Robinhood Markets, Inc. (“Robinhood”) resulting from allegations that Robinhood may have engaged in illegal market manipulation.

SO WHAT: If you used the Robinhood trading platform to invest in AAL, AMC, BB, BBBY, or GME, and suffered losses as a result of Robinhood’s actions to curb trading and increase margin requirements for certain of these securities on January 28, 2021, you may be entitled to seek compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: The Rosen Law Firm is preparing a class action. In order to join, go to http://www.rosenlegal.com/cases-register-2029.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

DETAILS OF THE MATTER: On January 28, 2021, Robinhood announced that it was restricting transactions in certain securities to closing positions only, including, AAL, AMC, BB, BBBY, and GME, and raising margin requirements for those securities, purportedly to “keep customers informed through market volatility.” As a result of this artificial market constriction, prices of the aforementioned securities fell dramatically, and investors were significantly damaged.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.    Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

To join the Robinhood class action, go to http://www.rosenlegal.com/cases-register-2029.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        lrosen@rosenlegal.com
        pkim@rosenlegal.com
        cases@rosenlegal.com
        www.rosenlegal.com