Robinhood’s Greatest Agent Gained $ 30 Million in 2020, IPO Docs Present

Law360 (July 1, 2021, 10:03 p.m. EDT) – Robinhood’s normal counsel, which is a former accomplice of WilmerHale and former commissioner of the US Securities and Change Fee, made $ 30.1 million within the 12 months newest, based on preliminary public providing paperwork that have been launched Thursday, a day after Robinhood agreed to pay $ 70 million to finish claims by the federal regulator over its alleged systemic failures.

Daniel Gallagher Jr.’s compensation was revealed in Robinhood Market Inc.’s registration assertion filed with the SEC, which outlines the main points of the long-awaited IPO of the buying and selling app and units a goal. preliminary funding of $ 100 million.

Gallagher’s whole wage package deal for 2020 consisted of over $ 24.6 …

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