If you traded stocks through Robinhood between September 1, 2016 and September 1, 2018, you could be eligible for a payment from this $2 million class action settlement. If you qualify and still have an active Robinhood account, you may receive payment automatically.
What Is This Robinhood Class Action Settlement About?
The lawsuit alleges Robinhood failed to provide the best available execution price on certain stock trades. Instead, some orders were allegedly routed in a way that resulted in customers receiving less favorable prices than they otherwise could have.
Who Is Eligible?
You may qualify if you:
- Were a U.S. Robinhood customer.
- Placed qualifying stock market orders between September 1, 2016 and September 1, 2018.
- Your qualifying trades resulted in more than $5 in total execution-price differences compared to the National Best Bid or Offer.
How Much Can You Receive?
Robinhood has agreed to a $2 million settlement. Your payment will depend on the number of qualifying trades you made and the total number of valid claims submitted.
Do You Need to File a Claim?
If you have an active Robinhood account and qualify, you should receive your payment automatically. If your account is no longer active, you’ll need to submit a claim along with any requested supporting documentation.
Important Dates
- Claim Deadline: July 13, 2026
- Exclusion Deadline: March 30, 2026
- Final Approval Hearing: May 5, 2026 at 2:00 PM PT
