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A comment on We Are Preparing a Class Action Lawsuit Against Robinhood. Parent comment

Re:We Are Preparing a Class Action Lawsuit Against Robinhood by natrik on Thursday January 28, 2021 @01:06PM (#25946014)
Citadel, Point72 to Invest $2.75 Billion Into Melvin Capital Management - 3 days ago [0]

[0] https://www.wsj.com/articles/citadel-point72-to-invest-2-75-...

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Re:We Are Preparing a Class Action Lawsuit Against Robinhood by cma on Thursday January 28, 2021 @01:18PM (#25946269)
With Citadel as a large market maker I would think Robinhood likely has a financial conflict of interest with them with respect to their customers, selling Citadel "dumb flow" (and now, depending on how you look at it, lobotomizing the flow).
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Re:We Are Preparing a Class Action Lawsuit Against Robinhood by exhilaration on Thursday January 28, 2021 @01:33PM (#25946575)
It's a different Citadel, from here: https://www.theverge.com/22251427/reddit-gamestop-stock-shor...

At least one Wall Street firm has taken heavy losses — Melvin Capital Management, which was shorting GameStop, among other bets. It’s been bailed out by Citadel, which, confusingly, is not the same thing as Citadel Securities. (Citadel is a hedge fund, not a market maker.)

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Re:We Are Preparing a Class Action Lawsuit Against Robinhood by stretchcat on Thursday January 28, 2021 @01:38PM (#25946686)
It's a ""different"" Citadel only in the twisted sort of logic lawyers are hated for. They're operated by the same people and have the same name.
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Re:We Are Preparing a Class Action Lawsuit Against Robinhood by whitepoplar on Thursday January 28, 2021 @01:37PM (#25946660)
It's the same Citadel, just different legal entities.
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