Re:Robinhood Traders Discovered a Glitch That Gave Them ‘Inf...
by sarah180 on Tuesday November 05, 2019 @10:52PM
(#21459588)
RH probably won't be repaid, but they have incentives to recover here.
Every state is different, but e.g., in California the median wage is about $20 / hour, and you can garnish 25% of the income above the state minimum wage of $12 / hour. That's about $4,000 / year. It's probably not worth it for RH to sue for this, but they might get back $10–15 k from a debt collection agency, which are designed to recoup debts over a period of years, all the while collecting hefty interest payments.
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