Robinhood Referral Text Messages Settlement: Is It Scam Or Legit? Read This

Did you hear about the Robinhood Referral Text Messages Settlement? It’s not a scam.

Robinhood agreed to pay $9 million to settle claims that the text messages it sent as referrals broke Washington telemarketing rules.

Who Is Eligible For The Robinhood Referral Text Messages Settlement

If you’re in Washington and you got one of those referral text messages from Robinhood between August 9, 2017, and February 13, 2024.

According to the people leading the charge in this lawsuit, Robinhood was sliding into people’s DMs with these unsolicited texts as part of their refer-a-friend program. They’re saying that’s a no-no under Washington’s laws because Robinhood didn’t get people explicit consent before hitting them up.

How Much Is The Settlement

Robinhood is handing over $9 million to settle this problem from that class action lawsuit.

if you’re part of the group affected and you send in a claim form on time, you’ll get some cash after they take out fees, costs, and other stuff from the settlement.

How To File A Claim

If you are eligible, fill out a valid before the deadline on May 13, 2024.

Click here to fill out a valid claim form.

Conclusion

In conclusion, Moore, et al. v. Robinhood Financial LLC, Case No. 2:21-cv-01571-BJR is not a scam. Just like Jeep Class Action Lawsuit, also if you’re part of the group affected and you send in a claim form on time, you’ll get some cash after they take out fees.

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