We Are Preparing a Class Action Lawsuit Against Robinhood

Re:We Are Preparing a Class Action Lawsuit Against Robinhood by snowwolf on Thursday January 28, 2021 @02:05PM (#25947211)

Can anyone explain why Robinhood don’t appear to have an anti class action clause in their terms?

E.g. like this one https://about.ads.microsoft.com/en-us/resources/policies/cla...

[ Parent | on HN ]

Re:We Are Preparing a Class Action Lawsuit Against Robinhood by dj_mc_merlin on Thursday January 28, 2021 @02:10PM (#25947286)

The policy you're quoting is between Microsoft and a business wishing to advertise on it's platform. It is understood that business do read the TOS and contracts of the platforms they sign up with. Users do not. It is still a legal grey area, but more than likely a "no class action lawsuit" clause would be as useful as a paper shield in court.

[ Parent | on HN ]

Re:We Are Preparing a Class Action Lawsuit Against Robinhood by snowwolf on Thursday January 28, 2021 @02:42PM (#25947850)

I just chose a random big user facing site and it has similar anti class action terms

https://www.uber.com/legal/en/document/?name=general-terms-o...

[ Parent | on HN ]