Business
Robinhood sued over 20-year-old American student trader’s suicide – Al Jazeera English
Alex Kearns’ family alleges the 20-year-old took his own life after he thought he lost $730,000 on the trading app.
The family of a 20-year-old United States stock trader who died by suicide sued the broker Robinhood for his death, citing its misleading communications that caused their son to panic over what he wrongly believed were huge market losses, according to a lawsuit filed in California Monday.
Robinhood notified Alex Kearns in June of what he thought was a $730,000 loss on a trade and when he was unable to communicate with anyone at the company, the college student was thrown into a highly distressed…
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