According to CoinMeta, and as reported by Reuters, the U.S. Supreme Court has agreed to hear an appeal from Robinhood Markets. The company is attempting to dismiss a class action filed by investors regarding its initial public offering (IPO) in 2021 (IPO). Investors allege that Robinhood failed to fully disclose the negative impacts on its financial and growth prospects, as well as the decline in key indicators, before the surge in meme stocks and cryptocurrency trading subsided, which led to a significant drop in the stock price after its listing. The San Francisco Federal Court had previously dismissed the lawsuit, but the Ninth Circuit of Appeals overturned that decision in 2025 and reinstated part of the lawsuit. U.S. President Donald Trump supported the Supreme Court's acceptance of this case, and the Supreme Court is expected to render a ruling by the end of June next year.