Robinhood Referral Settlement Claim Form, Deadline and Who Qualifies?

The Robinhood referral settlement claim form is out, eligible class members can submit their claim to receive the settlement amount when the court approves the proposed $9 million Robinhood settlement. The article covers everything you wish to learn about Robinhood Referral Settlement and its claim form.

Robinhood Referral Settlement Claim Form

The class action lawsuit against Robinhood Financial claims that the defendant has violated the Washington State Laws as they engage in the transmission of unrequired commercial messages to potential customers under its refer-a-friend marketing campaign. 

The class representatives claimed that the company’s trading app allowed its users to generate and send the auto-fill message to user contacts without the consent of recipients, which violates the Washington State Laws. 

The defendant Robinhood Financial has denied the allegations against the Robinhood Referral Class Action lawsuit. The defendants have proposed a $9 million settlement for the class action lawsuit to end the lawsuit and compensate the people. 

The class action members who have received the referral text must submit the Robinhood Referral Settlement Claim form before 13 May 2024 to receive the settlement amount. 

People who wish to opt out of the Robinhood referral settlement can exclude themselves from the settlement by 13 May 2024. The class members would receive the settlement payment after the final approval of the court, which is scheduled for 16 July 2024.

Class Action Lawsuit  Moore v. Robinhood Financial LLC
Proposed Settlement  $9 million
Last Date to submit a Claim form  13 May 2024
Deadline to object to the Settlement  13 May 2024
Final Hearing  16 July 2024
Official website  robinhoodreferralsettlement.com/

Who qualifies for the Robinhood referral settlement?

Now, to know if you are eligible to submit the claim for the Robinhood Referral Settlement Claim form, follow up on the following eligibility criteria for the Robinhood Referral Settlement:

  • Recipients who received the Robinhood referral text between 9 August 2017 and 13 February 2024 can submit the claim. 
  • You were a Washington resident when you received the Robinhood referral text message.
  • You have not given your consent to the defendant to receive such referral text messages under the Robinhood referral program. 

The notice of Robinhood Referral Settlement is issued to the class members through email and mail after 14 March 2024. People who received the notice show that you have received the Robinhood referral text messages and submit their claim through the claim form.

Now, the people who haven’t received any such notice but meet the above requirements for being class members of Robinhood Referral Settlement can submit their claim by 13 May 2024.

Robinhood Referral Settlement Claim Form

Requirement of Robinhood Referral Settlement Claim form 

The Robinhood Referral Settlement claim form requires the following from the Settlement Class members:

  • Their claim codes which they have received with the notice of settlement,
  • Residence proof at the time of message received 
  • Contact information on which they have received the Robinhood Referral text message proving the following:
  • You have received the Robinhood Referral text messages
  • You own or still using the phone number on which you have received the Robinhood Referral text messages

How much will you receive from the Robinhood referral settlement?

The final payment of claimants under the Robinhood Referral Settlement depends on the number of valid claims. The settlement amount is distributed among the class members after the deduction of the attorney’s fees & expenses and service awards entitled to Class representatives. 

The claimants can expect a Robinhood Referral Settlement payment of around $45 and $90. The amount can change in the future depending on several valid claims. 

Steps to Submit the Robinhood Referral Settlement Claim Form

The eligible class members can submit their claim for the Robinhood Referral Settlement using the online portal or through mail. 

The people who have received the notice of Robinhood Referral Settlement can mail their filled claim form to the following address:

  • Robinhood Referral Settlement 
  • c/ o JND Legal Administration 
  • PO Box 91166
  • Seattle, WA 9811

Or follow the below steps to submit your claim online:

  • Go to the Robinhood Referral Settlement website at robinhoodreferralsettlement.com/
  • Navigate to File a Claim on the right-hand corner of the website. 
  • Next, click on “yes” or “no” if you have received the claim code and enter the phone number at which you have received the Robinhood referral message. 
  • Now, click on “Next,” and proceed to fill in the required details of the claim form to prove your claim. 
  • Successfully Submit the claim for Robinhood Referral Settlement. 

Claimants who don’t have a claim code can proceed with a verified phone number at which you received the Robinhood referral message. 

And if your phone number cannot be verified then you must present the screenshot of the received text message and must provide all the contact information and requirements mentioned above. 

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