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And their investors...this could (not will, could) end up being a fairly easy case for piercing Robinhood's corporate veil. Good on the SEC for stating they st
by avs733 6y ago
And their investors...this could (not will, could) end up being a fairly easy case for piercing Robinhood's corporate veil.
Good on the SEC for stating they stand with retail investors, even if it ends up being hollow it sure is nice to hear them say it.
- elliekelly 6y agoAbsolutely not. On what theory? And on what grounds? There's no such thing as "a fairly easy case for piercing the corporate veil".
- avs733 6y agoLack of separation? If it turns out they did take any direction on this from anyone holding a short position in GME I would imagine RH is fully and completely screwed, as are their investors. this is all hypothetical, which is why I used the word if. If they did what WSB is accussing them of, which I think is probably doubtful, RH is in really really big trouble...