DETROIT, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Liddle & Dubin, P.C. and Ahdoot & Wolfson, PC. have filed a securities fraud class action lawsuit in the United States District Court for the Northern District of California against Robinhood Financial LLC and Robinhood Securities, LLC (collectively, "Robinhood" or "Defendants") on behalf of all persons in the United States or its Territories who were users of Robinhood between September 1, 2016 and June 30, 2019 (the "Class Period") and who placed orders in connection with which Defendants received payment for order flow. This group as known as the "Class".If you placed orders using the Robinhood platform during the Class Period and wish to apply to be lead plaintiff, a motion on your behalf must be filed with the Court by no later than March 8, 2021. You may contact Nicholas Coulson (ncoulson@ldclassaction.com), an attorney and Partner at Liddle & Dubin, P.C. to discuss your rights regarding the appointment of lead plaintiff or your interest in the class action. You may also retain counsel of your choice and need not take any action at this time to be a class member.As alleged in the lawsuit, Robinhood, a multi-billion dollar mobile application and website investment service, has capitalized on a surge of first-time ...Full story available on Benzinga.com