Key facts pulled from the official settlement site; not yet independently field-verified — confirm details on the official site.
Robinhood trade execution
Robinhood customers who paid more for securities due to poor trade execution between 2016-2018 can claim ~$17.60 average payout from a $2M settlement.
Settlement fund: $2,000,000. Estimated average recovery: $17.60 per class member (after deductions for taxes, administration, and legal expenses). Approximately 16.5% of calculated damages.
Who may qualify
You qualify if you were a Robinhood customer between September 1, 2016 and September 1, 2018 who placed market orders for equities that were executed at prices worse than the National Best Bid/Offer by a total of more than $5.00.
Robinhood customers who placed one or more market orders to purchase or sell equities (excluding stop orders) executed at prices higher or lower than the National Best Bid/Offer between September 1, 2016 and September 1, 2018, where the aggregate difference between execution price and National Best Bid/Offer was greater than $5.00.
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
Important dates
- Claim deadline
- July 13, 2026
- Exclusion deadline
- March 30, 2026 (passed)
- Objection deadline
- March 30, 2026 (passed)
Proof requirements
Proof requirement is currently marked as Optional.
Review the official claim form before submitting any information.
What you need
Optional: Customers with active Robinhood accounts receive automatic payment. Those without active accounts must submit a Proof of Claim form (deadline July 13, 2026).
How do I file a claim for this settlement?
File directly with Kroll Settlement Administration LLC via the official claim form before July 13, 2026.
- Confirm you are within the eligible group described in the official notice — the settlement administrator determines eligibility.
- Gather any documents the official form asks for — this settlement marks proof as Optional.
- Open the official claim form or settlement website run by Kroll Settlement Administration LLC.
- Submit accurate information through the official settlement administrator or government source before July 13, 2026.
- Save your confirmation number if one is provided, then watch the payment status for distribution updates.
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Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.
Common questions
Who may qualify for this settlement?
Robinhood customers who placed one or more market orders to purchase or sell equities (excluding stop orders) executed at prices higher or lower than the National Best Bid/Offer between September 1, 2016 and September 1, 2018, where the aggregate difference between execution price and National Best Bid/Offer was greater than $5.00.
What is the claim deadline?
The claim deadline is July 13, 2026. Confirm the current deadline on the official settlement source before filing.
Do I need proof to claim?
Proof requirement: Optional. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Unknown. Payments are issued by the administrator after the court process concludes.
When will Robinhood trade execution pay out?
Current payment status: Unknown. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official Robinhood trade execution claim form?
The official claim form is hosted by the settlement administrator, Kroll Settlement Administration LLC. Use the 'Open official claim form' button on this page — never pay a fee to file.
Do I automatically get paid?
If you have an active Robinhood account in good standing, payment is automatically applied to your account. If your account is closed or inactive, you must submit a Proof of Claim form to receive compensation.
When is the claim deadline?
July 13, 2026, or 60 days after the settlement is finally approved, whichever is later. If mailing the form, it must be postmarked or received by that date.
What trades qualify?
Market orders for equities (not stop orders) placed during market hours between September 1, 2016 and September 1, 2018 where you paid more than the National Best Bid/Offer when buying, or received less when selling, with total unfavorable pricing exceeding $5.00.
How much will I receive?
The average payout is $17.60 per person after taxes, administration costs, and legal fees. Individual amounts vary based on your specific trading losses within the class period.
What documents do I need to submit?
If you have an active account, nothing—payment is automatic. If not, complete the Proof of Claim form available at the settlement website. Contact Kroll Settlement Administration at 1-833-754-8881 for guidance on specific documentation requirements.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
Use the official settlement administrator or government source.
Listed on the official settlement website (Kroll Settlement Administration LLC).
Disclaimer
This service summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. Only file a claim if the information you provide is accurate.
Change log
- June 9, 2026 — Settlement published after verification.