Here’s what Robinhood executives allegedly said internally at the height of the GameStop short squeeze

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Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California.Kimberly White | Getty Images Entertainment | Getty ImagesRobinhood executives had a lot to talk about the week Reddit users were driving a historic short squeeze in GameStop.New documents in a lawsuit allegedly show internal conversations between executives panicking over how to meet financial requirements, debating the severity of a Reddit-driven short squeeze and contradicting the CEO's public statements. Plaintiffs in the claim, which was filed in the U.S. District Court in the Southern District of Florida, allege they suffered damages when Robinhood enacted trading restrictions on Jan. 28 amid volatile activity in GameStop and other meme stocks. They are suing for damages, interest and attorneys' fees. Plaintiffs are also seeking class action status."As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits,
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