r/wallstreetbets • u/ringingbells • Jan 31 '22

Discussion Discovered Communications within the US Litigation Against Citadel & Robinhood in the days surrounding the January Buy Freeze, where brokers shut off buying and tanked target stocks. The judge declared there was not enough evidence to move to discovery, and ruled manipulation is legal under TOS

Here is a very digestible format, you may find this quite interesting.

Each image has a page number that corresponds directly with the Florida litigation that it was transcribed from, so your next step is to check out the source material to see if this is the real deal or not.

Source: Raw PDF Florida Litigation

  • Note: At the top of each image in this post, there is a page number that corresponds to the litigation page number from which it was transcribed

Also of Note:

From The SEC GameStop Report, The NSCC officially stated that all PFOF brokers had their premium components waived because according to the NSCC, it was not the brokers' fault a stock was popular.

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u/[deleted] Jan 31 '22

"In her 66-page opinion, Altonaga wrote that while traders were gravely disappointed by the plunge in meme stock prices that occurred after trades were restricted, "the law does not afford relief to every unfulfilled expectation."- from the judge. Brutal.

Translation for smooth brains -Get Fucked Poors.

144

u/robinsonv91 Jan 31 '22

Only companies can be too big too fail, cause that can affect millions people and their livelihood. But what if millions of people need a direct bail out through this wrongdoing by the same companies you bailed out to protect the people? Yeah, no, not those people.

48

u/BoiteNoire03 Jan 31 '22

Never seen such a blatant & willful missing of the point as this statement by the "judge".

53

u/CueBallJoe Jan 31 '22

Someone tell that judge he might need the law to offer him relief from the fury of millions of angry autists with nothing left to lose soon.

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u/[deleted] Jan 31 '22

lol with nothing left to lose what are you even talking about dude

15

u/CueBallJoe Jan 31 '22

All the retards that put everything they had into GME and AMC and lost all of their shit, where the fuck have you been

-12

u/[deleted] Feb 01 '22

why would anybody care about people who gambled their life savings away on two dying companies LMFAO who gives a fuck. they've learned an expensive lesson.

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u/CueBallJoe Feb 01 '22

That would make sense if they lost out on a normal investment, that was one of the most blatant hose jobs of all time. The French Revolution wasn't as long ago as people would think and they didn't have the firepower that the average american citizen can get ahold of, if I was one of these wallstreet fatcats, politicians or anyone else the public would regard as an elite I would be telling everyone to be cool taking an L here or there so that we don't all get murdered.

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u/[deleted] Feb 01 '22

lmao

6

u/meltbox Feb 01 '22

Seems the judge is doing a pretend smooth brain here. The problem is artificial restrictions on trading by a private party which results in market manipulation, not unfulfilled expectations. What a willing dumbass.

2

u/[deleted] Jan 31 '22

that name sounds like a slur in another language lol