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The Second Circuit Revives State Consumer Protection Claims against GameStop The Court of Appeals for the Second Circuit ruled that state consumer protection law claims against GameStop, which alleged that it deceived customers by offering a $20 coupon in exchange for enrolling in a $12-a-month loyalty program, were improperly dismissed when related federal fraud claims were dismissed. [read post]
1 Sep 2021, 1:38 pm by Iorio Altamirano
The filing also discloses that the SEC and Financial Industry Regulatory Authority (“FINRA”) are investigating whether any Robinhood employees traded “meme stocks,” including GameStop Corp. and AMC Entertainment Holdings, Inc., before the public announcement that Robinhood would impose trading restrictions on those securities on January 28, 2021. [read post]
14 Jun 2021, 9:33 am by Savage Villoch Law, PLLC
Payment for order flow has ushered in market volatility in meme stocks like GameStop and AMC, because this system powers a good deal of app-based securities trading. [read post]
1 Sep 2021, 1:38 pm by Iorio Altamirano
The filing also discloses that the SEC and Financial Industry Regulatory Authority (“FINRA”) are investigating whether any Robinhood employees traded “meme stocks,” including GameStop Corp. and AMC Entertainment Holdings, Inc., before the public announcement that Robinhood would impose trading restrictions on those securities on January 28, 2021. [read post]
21 May 2021, 10:47 am by Iorio Altamirano
  The targeted stocks included GameStop (NYSE: GME), AMC (NYSE: AMC), Blackberry (NYSE: BB), Nokia (NYSE: NOK), Koss Corporation (NYSE: KOSS), and Express, Inc. [read post]
26 Feb 2021, 6:00 am
Crozier and Gabrielle Wolf, Innisfree M&A, Inc., on Monday, February 22, 2021 Tags: Boards of Directors, Climate change, COVID-19, ESG, Institutional Investors, Mergers & acquisitions, Sustainability Guidance on Enhancing Racial & Ethnic Diversity Disclosures Posted by Benjamin Colton and Robert Walker, State Street Global Advisors, on Monday, February 22, 2021 Tags: Asset… [read post]
3 May 2021, 9:05 pm by Kristin N. Johnson
Consider the $300 million in fees Chinese e-commerce behemoth Alibaba paid its underwriters—Citigroup, Inc., Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group, Inc. and JPMorgan Chase Co. [read post]
5 Aug 2021, 12:33 pm by Silver Law Group
” Robinhood has previously come under scrutiny for Tenev’s lack of FINRA registration, and took the public position that Tenev is the CEO of Robinhood Markets Inc., which is simply the holding company for the brokerage entity Robinhood Financial LLC. [read post]
25 Feb 2009, 3:05 am
Genetski, Sonnenschein Nath and Rosenthal LLP• Dan Hewitt, Entertainment Software Association• Mike Hogan, GameStop Corporation• Jason Holtman, Valve• Zack Karlsson, Sr., NAMCO BANDAI Games America, Inc. [read post]
20 Apr 2021, 4:27 am by Rob Robinson
In the last year, the company’s data under management has grown by more than 40 percent as Druva supports industry leaders, disruptors, and pioneers including GameStop, Marriott, NASA, National Cancer Institute, Pfizer, Regeneron Pharmaceuticals, and Zoom. [read post]
12 Feb 2021, 5:57 am
McDermott, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, February 9, 2021 Tags: Bankruptcy, Corporate debt, COVID-19, Credit supply, Distressed companies, Restructurings ESG: The S Is Not for Short Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Tuesday, February 9, 2021 Tags: Capital markets, Derivatives, ESG, GameStop, Hedge funds, Market reaction, Retail… [read post]
19 Oct 2023, 9:05 pm by renholding
 Given the widespread notoriety of meme stocks like AMC Entertainment, and Robinhood’s January 2021 halt of trading in GameStop shares,[1] this is not news to most people. [read post]