News & Analysis as of

Reddit Robinhood Financial GameStop

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

r/wallstreetbets is another reason why I hate self directed brokerage accounts

What the Reddit group wallstreetbets did with Gamestop in a short squeeze was something quite amazing. I joined in for a couple of days with the purchase of AMC stock that I quickly dumped after only making a couple of...more

Robins Kaplan LLP

Financial Daily Dose 2.19.2021 | Top Story: UK High Court Deems Uber Drivers “Employees”

Robins Kaplan LLP on

Britain’s Supreme Court dealt Uber a blow this morning when it ruled that “drivers must be classified as workers entitled to a minimum wage and vacation time.” The decision—a disaster for Uber in a dispute that reaches back...more

Thomas Fox - Compliance Evangelist

GameStop and Compliance: Part 5 – Lessons Learned

I think the GameStop phenomenon portends a seismic shift in many areas. It may well be a turning point in markets and investments. Where it will be going, I do not think anyone knows right now but everyone needs to be...more

Parker Poe Adams & Bernstein LLP

What Just Happened? The GameStop Frenzy, Legal Questions, and Lessons for Companies

On January 12, GameStop Corp. (ticker symbol: GME) closed at a price of $19.95/share on a volume of approximately 7 million trades. Only 15 days later, GME closed at a price of $347.51 on a volume of 93.45 million trades....more

Thomas Fox - Compliance Evangelist

GameStop and Compliance: Part 3 – The Squeeze

I think the GameStop phenomenon portends a seismic shift in many areas. It may well be a turning point in markets and investments. Where it will be going, I do not think anyone knows right now but everyone needs to be...more

Robins Kaplan LLP

Financial Daily Dose 2.2.2021 | Top Story: CBO Projects Faster US Recovery But Lagging Employment

Robins Kaplan LLP on

New CBO projections suggest that even without additional Congressional aid, the “American economy will return to its pre-pandemic size by the middle of this year.” While encouraging, the report offers cold comfort for the...more

Robins Kaplan LLP

Financial Daily Dose 2.1.2021 | Top Story: Exxon and Chevron Merger On Table as Covid Devastates Big Oil

Robins Kaplan LLP on

Moved by Covid’s bite out of the energy industry, oil behemoths ExxonMobil and Chevron Corp. have held talks about joining forces, “testing the water for what could be one of the largest corporate mergers ever.” ...more

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