Robinhood Order Flow Settlement
Robinhood Order Flow Settlement
Robinhood has agreed to pay $2 million to resolve claims regarding its order routing practices. If you were a U.S. customer who placed qualifying trades between 2016 and 2018, you may be eligible for a cash payment.
Estimated Payment:
$17.60
Status:
Accepting Submissions
Overview
Robinhood has agreed to pay $2 million to settle allegations that the financial technology company routed customer orders to market makers who paid the highest fees rather than those providing the best prices. This allegedly resulted in customers paying more for purchases or receiving less for sales than they would have on other platforms, which would have violated the duty of "best execution." It is alleged that this occurred between September 1, 2016 and September 1, 2018.
Eligibility
You may be a Settlement Class Member if you were a U.S. Robinhood customer between September 1, 2016, and September 1, 2018, and experienced execution price differences on qualifying trades.
You were a United States customer of Robinhood Financial LLC, Robinhood Securities, LLC, and/or Robinhood Markets, Inc.
You placed one or more qualifying trades between September 1, 2016, and September 1, 2018.
The aggregate difference between the execution price and the NBBO was greater than $5.00.
Active Robinhood account holders may receive automatic credits, while inactive users must submit a claim.
File Your Claim by 07/13/2026
Eligible class members who maintain an active Robinhood account in good standing will automatically receive a pro rata share of the Net Settlement Fund.
If you do not have an active Robinhood account, you must file a claim to receive your payment.
Payments are estimated to be approximately $17.60 per eligible member.
Frequently Asked Questions
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
No. For this claim, we are directing you to the official claims administrator website. There are no fees from ClaimsHero. This is different from our full-service representation campaigns, where we work on a contingency basis, review and monitor the status of your claim, and only get paid if your claim is successful.
Our goal is to raise awareness and guide you to the official claims website. We do not review your claim, handle your documents, monitor the status of your claim, contact you if there are any needed revisions or updates, or represent you in this specific matter. Our goal is to ensure you are provided a path to make your claim.
You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
All questions about your claim must be directed to the claims administrator. Because we simply provide a path to the claims administrator’s website to submit, our support team does not have access to your submission details. You can find their contact information on the official website through the link provided above.
If you have more questions, please visit the official website of this settlement and contact the claims administrator.
