The U.S. Supreme Court agreed on Friday to consider Robinhood’s effort to block a lawsuit over the omission of interim financial data from its 2021 initial public offering. The company wants the Court to overturn a ruling by the 9th Circuit U.S. Court of Appeals that revived the investors’ lawsuit. A federal judge in San Francisco had previously dismissed the case. The Trump administration had urged the Supreme Court to hear Robinhood’s appeal.
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