Odaily News Trading platform Robinhood is working to reach a settlement with investors after they sued Robinhood for stopping trading in certain Meme stocks, including GameStop, in 2021. Robinhood's lawyers said in a filing with the Miami Federal Court on May 28 that the company is "finalizing a settlement agreement" with investors and expects to reach a settlement within the next two weeks. Details of the settlement were not included in the filing. Robinhood, its lawyers, and lawyers for the investor group did not immediately respond to requests for comment. It is reported that investors, including lead plaintiff Blue Laine-Beveridge, accused Robinhood of "illegally manipulating market prices" and "wiping out tens of billions of dollars in investor equity" by "selecting" stocks that users can buy between January 28 and February 4, 2021. (Cointelegraph)