Robinhood Beats Investor Suit Over $2.1B IPO For Good

By Aislinn Keely

A California federal judge has permanently tossed an investor suit against Robinhood Markets Inc. over its $2.1 billion initial public offering, finding that the latest complaint wasn't enough to show the exchange failed to inform investors about the extent to which the trading of cryptocurrency and "meme stocks" fueled the firm's strong financials ahead of its stock market debut.

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