• Join our newsletter for weekly news updates and blogs on-the-go!
X-twitter Facebook-f Google-plus-g Patreon Youtube
Independent Financial Media
  • News
    • U.S. News
  • Economy
  • Housing Market
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Home/Finance/Community/Federal Court Judge Is Tied to Defendant in Robinhood and Citadel Case

Federal Court Judge Is Tied to Defendant in Robinhood and Citadel Case

By Frank Nez
November 22, 2021
4
Judge Altonaga connection to defendant law firm
Judge Cecilia Altonaga dismisses ‘meme stock’ lawsuit

A Miami district court judge admits the Citadel and Robinhood transcripts are suspicious.

However, the federal court has dismissed the case due to a lack of evidence.

Now, it’s important to note this case is separate from Citadel vs SEC.

This is the class action lawsuit by retail investors claiming Citadel Securities and Robinhood conspired to halt GameStop trading and other ‘meme stocks’.

franknez.com

Welcome to Franknez.com – the blog that fights for the retail investor. Today we’re discussing the latest market news surrounding Citadel and Robinhood.

Justice may have not been served but at least the message from retail investors has been made loud and clear.

According to Business Insider, the court said that the evidence between Citadel Securities and Robinhood was not sufficient.

And although retail didn’t win this one, retail did manage to put 6 crooked financial institutions in court.

Judge Cecilia Altonaga Connection to Defendant’s Law Firm

What’s suspicious is that Altonaga’s husband George Mencio, is a partner to Holland and Knight, the defendant of Two Signa Securities in this case.

This creates a major conflict of interest.

This again goes to show the advantages the system has over retail investors.

judge altonaga connection to two signa securities
Source

It’s going to take serious activism from bigger influencers to really shake the system.

According to the class action document, Holland & Knight were defending Two Signa Securities.

The transcript below details the connection between the two entities.

Redditors over at r/AMCSTOCK uncovered that George Mencio, Altonaga’s husband is indeed tied to Holland & Knight.

This is confirmed through Holland & Knight’s professional’s page on their website.

holland & knight george mencio judge altonaga connection

Law.com also confirms the relationship between Geroge and Altonaga.

While it is not confirmed whether George Mencio actually defended Two Signa Securities himself, the connection between both parties is rather jarring nonetheless.

judge altonaga george mencio connection

The Reddit community is taking this matter very seriously.

Bookmark this page for possible updates.

Apes Fight a Polluted Financial System

polluted financial system

The class action lawsuit came about after “Ken Griffin lied” went viral on Twitter.

Transcripts between Citadel and Robinhood were leaked regarding the halt of GameStop and AMC earlier this year.

Now a federal judge is saying there isn’t enough evidence.

And while politicians can be bought, retail investors can’t.

Our financial system needs honest people.

This case will be another reason why the ape community will continue to make noise.

Names are being recorded and those failing to protect the people are writing their legacy.

The retail community wants justice.

It seems that for every solution retail has, there’s always some connection that intervenes.

What Do You Think Can Be Done?

I’m curious to know what you think can be done about this incompetence.

Who with massive influence can help the community shed light on these matters?

Do you think Adam Aron has a plan to take down the culprits betting against his company?

Leave a comment below.

Final Thoughts

franknez.com

Whether the connection between Judge Altonaga and George is merely a coincidence, it’s a rather good one.

Matters like this only further build my conviction in fighting for a fair market structure.

As I mentioned earlier, perhaps there was no justice in court, but there was acknowledgement.

The fight for a fair market will not happen overnight, we are living in its process.

franknez.com

Twitter | Facebook | Instagram | YouTube

You can view my stock and crypto purchases on the Patreon

Read: AMC short squeeze price: Expectations vs reality


Share this with the community.

  • Post
  • Share on Reddit (Opens in new window) Reddit

Like this:

Like Loading…

Related

Tags:

AMCCitadelCitadel ScandalCitadel SecuritiesFinance NewsGameStopInvesting NewsMarket NewsRobinhoodStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Previous

Ken Griffin Lied About Robinhood Communication During Halts

Next

Analyst Predicts Bitcoin Price To $170K By End Of 2022

4 Comments
  1. Joey1sniper says:
    November 24, 2021 at 12:21 am

    I’m a long time conservative. In the last several months, I have learned one important thing about this country: both parties are corrupt as hell and only look out for their own interests. So I’ll make it short and sweet: I’m not a donkey or elephant, just an ape with a large family who are looking out for each other. Peace.

    Loading...
    Reply
    1. Frank Nez says:
      November 30, 2021 at 7:28 pm

      Thisss 💯💯💯

      Loading...
      Reply
  2. Barry Ives says:
    November 22, 2021 at 10:45 pm

    We need to put Gensler under pressure to quit on a total failure to protect investors against corruption

    Removing or going up against Gensler will show we will not be silenced

    Would be great if you can do a piece on Gensler failure to date

    Loading...
    Reply
    1. Frank Nez says:
      November 30, 2021 at 7:28 pm

      I’ve written on Gensler a few times. I believe the SEC must be investigated.

      Loading...
      Reply

Leave a ReplyCancel reply

NEW POSTS

  • Housing Market News - Home Sales Drop to New Low
    Housing Market: Home Sales Now Drop To New Low Since 2014
    by Bryan Goddard
  • AMC Stock Chart analysis and business news.
    AMC’s Stock Chart Now Has To Break Major Key Level
    by Frank Nez
  • Netflix Jobs Take A Hit Amid Mass Layoffs
    Netflix Jobs Now Take A Hit Amid 1,000 Layoffs
    by Kelsey Moore
  • What Must An Entrepreneur Do After Creating A Business Plan
    What Must An Entrepreneur Do After Creating A Business Plan?
    by Frank Nez
  • FICO layoffs latest news.
    AI Just Took Hundreds of Jobs From FICO Credit Score Company
    by Kelsey Moore
Unlock your personal brand ebook

Need to Reach Us? Email us at contact@franknezmedia.com

FrankNez is an independent news platform founded by American journalist Frank Nez, focusing on delivering timely, data-driven news and reporting on various industries, including finance, economy, banking, business, and entrepreneurship. Now featured on MSN & AOL.

Markets

  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Cryptocurrency

Money

  • Personal Finance
  • U.S. Banking
  • Economy
  • Housing Market

Business

  • Business
  • Entrepreneurship
  • Retail
  • Bankruptcy
  • Layoffs

Company

  • Home
  • About
  • Editorial Policy
  • Privacy Policy
  • Newsletter
  • Advertise/Sponsorship
X-twitter Facebook Patreon Youtube Google-plus-g

© 2026 FrankNez Media, All Rights Reserved.

X-twitter Facebook-f Google-plus-g Patreon Youtube
%d