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Split 9th Circ. Revives Suit Over $2.1B Robinhood IPO

By Jessica Corso ( August 29, 2025, 8:05 PM EDT) -- A divided Ninth Circuit on Friday revived a proposed investor class action suit accusing Robinhood Markets Inc. of failing to disclose a downturn in user interest ahead of its $2.1 billion initial public offering, ruling that corporations planning to go public have a duty to disclose material financial information even from quarters that have just ended....

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