Investigation for Investors in shares of Robinhood Markets, Inc. (NASDAQ: HOOD) Investor Alert: Investigation over potential Wrongdoing

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Robinhood Markets, Inc.

Investors who purchased shares of Robinhood Markets, Inc. (NASDAQ: HOOD) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Robinhood Markets directors breached their fiduciary duties and caused damage to the company and its shareholders.

Menlo Park, CA based Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies.

Robinhood Markets, Inc. commenced its initial public offering (“IPO”) on July 30, 2021, issuing 55 million shares to the investing public at $38 per share, anticipating proceeds in excess of $2 billion.
After the markets closed on October 26, 2021, Robinhood Markets, Inc. announced its third quarter financial results, revealing revenue that fell short of Wall Street estimates.

Shares of Robinhood Markets, Inc. (NASDAQ: HOOD) from $85.00 per share in August 04, 2021, to as low as $18.86 per share on December 13, 2021.

Those who purchased shares of Robinhood Markets, Inc. (NASDAQ: HOOD) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.