Robinhood Faces Class Action Immediately After Paying $65m Fine to SEC
Shortly after agreeing to pay a $65 million federal fine, financial tech start-up Robinhood has been targeted by a new class action lawsuit. Robinhood, a phone-based application, allows its users to transfer money from a bank account onto the company’s platform. Consumers are then able to buy and sell stocks for free. Launched in 2013,










