A Robinhood logo is displayed at the Robinhood Markets, Inc. event in New York City, U.S., March 4, 2026.
David Dee Delgado | Reuters
The Supreme Court on Friday agreed to consider an effort by Robinhood to block a lawsuit over the company's omission of interim financial data from the online broker's initial public offering in 2021.
Robinhood wants the Supreme Court to overturn a ruling by the 9th Circuit U.S. Court of Appeals that revived a lawsuit by investors against the company in connection with the IPO.
A San Francisco federal court judge had previously dismissed the lawsuit.
The Trump administration had urged the Supreme Court to hear Robinhood's appeal.
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Source: CNBC · Dan Mangan
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