Amanda Bronstad is the ALM staff reporter covering class actions and mass torts nationwide. She writes the email dispatch Law.com Class Actions: Critical Mass. She is based in Los Angeles.
Connecticut Attorney General William Tong said it was the second-largest cash settlement in American history, behind the settlement with Big Tobacco two decades ago.
One attorney has filed a motion before the U.S. Judicial Panel on Multidistrict Litigation to coordinate 42 class actions into multidistrict litigation in the Northern District of California. Robinhood is one of 35 defendants and their subsidiaries facing lawsuits over the Jan. 28 trading halt, according to court papers.