Published
April 11, 2024
Updated
July 30, 2026
The Robinhood settlement addresses refer-a-friend text messages allegedly sent without required consent.
Current Status
The May 13, 2024 claim deadline has passed and the settlement received final approval. The administrator does not currently confirm completion of all initial or possible supplemental payments.StatusFinal approval; completion unconfirmed
Claim DeadlineMay 13, 2024 (Passed)
Settlement Value$9 million
Current MilestoneDistribution completion not posted
What Was This Case About?
Plaintiffs alleged Robinhood referral text messages were sent without consent required by Washington law. The defendant denied wrongdoing or liability, and the settlement does not constitute an admission.Who Was Covered?
The class generally includes people who received a covered Robinhood refer-a-friend text from August 9, 2017 through February 13, 2024.What Benefits Were Available?
Timely valid claimants were estimated to receive roughly $45 to $90, subject to claim volume and possible redistribution.Official Information
Review the latest information on the Robinhood referral settlement website website.
Settlement Value
$9 million
Case Title
Robinhood Referral Text Settlement Claims Closed
Court or Forum
See official settlement documents
Current Milestone
Distribution completion not posted
Official Website
Robinhood referral settlement website
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