Order (Dkt. 732, dated 2024-12-09)

Summary

Document 732 in Case 1:21-md-02989-CMA, entered on the FLSD docket February 12, 2025 and relating to all actions, is a one-page sua sponte order. The order notes that on December 9, 2024 Robinhood filed a Motion to Compel Arbitration [ECF No. 713], and that on January 29, 2025 Robinhood and Plaintiffs Abe Kurdi, Eric Quat, Igor Kravchenko, Jordan Krumenacker, Michael McFadden, Michael Ross, Teodoro Russell Pueyrredon, and Tenzin Woiser filed a Joint Stipulation of Voluntary Dismissal with Prejudice [ECF No. 725]. The order directs Robinhood to advise the Court by February 17, 2025 which issues, if any, in the Motion to Compel Arbitration are moot, Robinhood having suggested that the resolution may narrow the remaining issues. The order is done and ordered in Miami, Florida, on February 12, 2025, above the name of Chief United States District Judge Cecilia M. Altonaga.

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Full text

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

CASE NO. 21-02989-MDL-ALTONAGA

In re:

JANUARY 2021 SHORT SQUEEZE
TRADING LITIGATION
_________________________________/

This Document Relates to All Actions
ORDER

THIS CAUSE came before the Court sua sponte.

On December 9, 2024, Defendants, Robinhood Markets, Inc., Robinhood Financial LLC,
and Robinhood Securities, LLC’s (“Robinhood”) filed a Motion to Compel Arbitration . . . [ECF
No. 713].  Following this, on January 29, 2025, Robinhood and Plaintiffs — Abe Kurdi, Eric Quat,
Igor Kravchenko, Jordan Krumenacker, Michael McFadden, Michael Ross, Teodoro Russell
Pueyrredon, and Tenzin Woiser — filed a Joint Stipulation of Voluntary Dismissal with Prejudice
[ECF No. 725].  Prior to this settlement, Robinhood suggested that the resolution “may narrow the
remaining issues” raised in the Motion.  (See Unopposed Mot. for Ext. . . . [ECF No. 721] ¶ 3).
Being fully advised, it is

ORDERED that Robinhood shall, by February 17, 2025, advise the Court which issues,
if any, in its Motion to Compel Arbitration . . . [ECF No. 713] are moot.
DONE AND ORDERED in Miami, Florida, this 12th day of February, 2025.

    ________________________________________

   CECILIA M. ALTONAGA

   CHIEF UNITED STATES DISTRICT JUDGE
cc:
counsel of record
Case 1:21-md-02989-CMA   Document 732   Entered on FLSD Docket 02/12/2025   Page 1 of 1

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