A few notes from analyst research on this.<p>Robinhood got off pretty easily here, looks like a settlement was rushed so it wouldn't pass onto the next administration.<p>> The messaging apps probe appears to have settled for $8 million, well below the $100 million we anticipated based on a $104 million accrual in 3Q23<p>> Fines connected to a 2021 data breach came in at $2 million, consistent with our view they'd be below $10 million.<p>They have a few other lawsuits on the go at the moment.<p>One is a class action lawsuit over them taking higher Payment for order flow that lowered the execution quality that their clients got.<p>Bloomberg is estimating this as 70% likely to be settled in Robinhoods favour<p>The other is their cash sweep lawsuit where they are accused of paying unreasonably low rates on their cash sweep products. Here they are not alone as many of their peers are also being sued for the same issue.<p>Schwab, for instance, settled with the SEC for $187M for this in 2022.