Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • Eurex to launch Bitcoin ETN futures forex news
  • eToro enhances withdrawal process forex news
  • SEC charges Rivetz Corp for $18M illegal ICO forex news
  • Clearstream achieves full CSDR compliance across its CSDs forex news
  • Sheer Markets deploys Centroid Solutions to drive NDF liquidity forex news
  • IG’s Wu Gang gets appointed as director of Tritax Big Box REIT forex news
  • DOJ secures stay of SEC action against BitConnect forex news
  • CFTC action against binary options scam Y Trading faces delay forex news

Robinhood makes another attempt to nix case about spam messages

Posted on 2021-10-08 By admin No Comments on Robinhood makes another attempt to nix case about spam messages

Online trading app Robinhood has made another attempt to dismiss a lawsuit about its allegedly spammy refer-a-friend marketing campaign.

As FX News Group has reported, Cooper Moore has taken Robinhood to Court after he received an unsolicited message encouraging him to invest with the company.

Moore explains that, to attract new customers, Robinhood recruits its existing customers to send spam texts through the Robinhood app to people who never consented to receive the texts. The Robinhood app’s functionality enables its users to initiate the referral texts, recommends which contacts should receive the referral texts, composes the texts, provides user-specific links that the recipient can use to sign up for Robinhood’s services, formats the texts, and provides images for the texts.

Cooper Moore, who resides in Washington state, received one of these spam texts from Robinhood without providing his consent to receive the marketing text asking him to join Robinhood.

Plaintiff alleges that Robinhood’s spam texts violate CEMA which specifically prohibits companies like Robinhood from sending spam texts to Washington residents without consent. A violation of the CEMA is a per se violation of Washington’s Consumer Protection Act, Wash. Rev. Code 19.86 et seq. (CPA).

Unlike the TCPA, under the CEMA it makes no difference if Robinhood or its customers “initiated” the text, Moore notes. The CEMA prohibits both initiating and assisting in the transmission of commercial electronic text messages to Washington residents without their consent. “Assisting” is defined broadly to include, among other things, “composing” and “formulating” the messages.

The problematic message. Name of sender removed for privacy concerns.

forex news Tags:forex-news

Post navigation

Previous Post: Saxo Bank OpenAPI to introduce Extended Asset Types
Next Post: Exclusive: BDSwiss hires Daniel Takieddine from FXPRIMUS as CEO MENA

Related Posts

  • TMGM Review 2022:Is TMGM safe or a scam? forex news
  • Finablr placed into administration forex news
  • CFTC charges president of nonexistent co Surrey Libor Capital with fraud forex news
  • Brokersview:10 Best Forex Brokers in the UK 2021 Rankings forex news
  • CLSA Premium faces another call to be wound up forex news
  • TP ICAP Finance announces indicative results of its tender offer for notes due 2024 forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • Exclusive: Spotware hires T4B exec Andreas Masouras for Bus Dev, replacing Alex Geralis forex news
  • FX week in review: Amana replaces CEO, FX broker gets ASIC license, Saxo hits new low forex news
  • Keep Silence to FX Scams? NO! These Scams Need to Know forex news
  • Italy’s CONSOB orders blocking of 10 unauthorized investment websites forex news
  • Press release war erupts between competing Finalto/Markets.com bidders forex news
  • XTB shares plummet 25% after posting $6M Q2 loss, 70% revenue drop forex news
  • eToro reduces minimum first-time deposit in more regions forex news
  • Jefferies estimates max loss exposure due to FXCM involvement at $123.3M forex news

Copyright © 2026 wikifx.

Powered by PressBook News WordPress theme