Area attorney files class-action lawsuit against trading app Robinhood

The lawsuit, filed in the Middle District of Florida, seeks more than $5 million dollars in damages.

  • By Business Observer Staff
  • | 3:59 p.m. February 1, 2021
  • | 0 Free Articles Remaining!
Courtesy. Michael Taaffe, with the law firm Shumaker, has filed a class-action lawsuit against trading app Robinhood for preventing its members from trading GameStop shares on Jan. 28.Â
Courtesy. Michael Taaffe, with the law firm Shumaker, has filed a class-action lawsuit against trading app Robinhood for preventing its members from trading GameStop shares on Jan. 28.Â
  • Manatee-Sarasota
  • Share

SARASOTA — Michael Taaffe, with the law firm Shumaker, has filed a class-action lawsuit against trading app Robinhood for allegedly preventing its members from trading GameStop shares on Jan. 28. 

The lawsuit, filed in the Middle District of Florida, seeks more than $5 million dollars in damages. The lead plaintiffs in the lawsuit, according to the court filing, are three investors, including one, Kevin Sheehan, from Sarasota. 

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 15, 2025
Lee Health CEO to step down
  • December 15, 2025
Credit union names market president for three counties in region
  • December 15, 2025
3 Polk County residents charged in $2M COVID fraud case
  • December 15, 2025
Pinellas artwork manufacturer completes $13.5M facility expansion

Sponsored Content