Robinhood Selling People’s Gamestop “GME” Shares Without Their Permission and Lawsuits Are Being Filed in Response
The saga of r/WallStreetBets and Gamestop just took a disastrous and potentially illegal turn. It’s now being reported that the online brokerage firm Robinhood is selling people’s Gamestop “GME” shares without their permission, and people are filing lawsuits in response.
Someone posted the message they received from Robinhood where they closed their 4,500 shares of GME for an average price of $118. The reason stated was “unreasonable risk in brokering your position”.
Someone then posted a screenshot of a lawsuit filed against Robinhood as result of his Gamestop shares being sold without his permission. This situation is getting messy, take a look.



The lawsuit against Robinhood was filed with United States District Court in Southern District of New York. It specifically states that Robinhood is purposely removing the Gamestop “GME” stock due to the unprecedented rise, which was made possible by Reddit WallStreetBets.
The Robinhood Lawsuit claims that they are depriving retail investors of the ability to invest in the open market, while also manipulating the open market. From the outside looking it’s tough to argue against those claims, Robinhood seems guilty of doing both those things.
Ironically, brokerage companies are accusing Reddit Wall Street Bets of manipulating the open market, which was likely the grounds for Robinhood selling Gamestop “GME” shares without permission from share owners.
Author: JordanThrilla
Explore Related Articles
TikTok Man ‘Mister Lustin’ Who Married Ten Wives Goes Viral After...
A TikTok user named Mister Lustin aka Emmanuel Lustin has gone viral for marrying his ten wives in a lavish ceremony. The user, who goes by the handle @misterlustin, posted a video showing the wedding photo he took with his ten wives after tying the knot with all of...
Video of Jubi2Fye Doing Side Way Moonwalk Barefoot on Concrete Goes...
When Jubi2Fye invented his viral side way moon walk dance most people never thought he would keep upping the ante of places he can successfully pull of the difficult move. Instead of going backwards like Michael Jackson, Jubi2fye slides side ways while doing his moonwalk, which almost seems more...
Four Louisiana Teens Stab and Murder 15 Year Old Girl Inside...
Four Louisiana teens stabbed and murderer a 15 year old girl on Instagram Live then bragged about it on Social Media.
In the heinous live streamed footage the four girls aged 12, 13, 14 and 15 stabbed the 15 year old seen above multiple times including in the heart. The...