Fenwick Represents Robinhood in Acquisition of Pluto

Fenwick represented Robinhood, a financial services platform, in its acquisition of Pluto, an AI-powered research platform.

With the acquisition of Pluto, Robinhood plans to add tools for quicker identification of trends and investment opportunities, help guide users with their investment strategies and offer real-time portfolio optimization. More information can be obtained from Robinhood’s announcement.

The Fenwick transaction team included corporate partners Lara Foster and Bomi Lee and associates Rob O’Connor, Riddhi Adhikari, and Sammi Chen; technology transactions partners Jonathan Millard and Jennifer Stanley and associates Julia Arruda, Elliott Gurnick, and Phillip Yin; executive compensation and employee benefits partner Marshall Mort and associate Jennifer Lin; tax partner Mike Knobler; and privacy and cybersecurity counsel Ana Razmazma and associate Alyona Eidinger.