![]() “If you’re reading this, then I am dead,” the note started. 6 likes, 0 comments - thelearnedfriends on March 9, 2021: Robinhood Sued Over Suicide Of 20-Year-Old Trader The family of 20-year-old Alex Kearns who comm. Within seconds, a four-paragraph letter flashed on the screen. His father, Daniel Kearns, powered up his son’s laptop in their home in Naperville, Ilinois. In May ActualAdviceBTC also died mysteriously in Thailand, and Cobain took a break from Twitter. CryptoCobain has closed his DMs in response. Explore trader commits suicide profile at Times of India for photos, videos and latest news of trader commits suicide. The parents of Alexander Kearns, who killed himself after thinking he had lost 730,000 on stock trading app, Robinhood, have filed a wrongful death lawsuit. Alex also left an ominous message on a small yellow sticky note on his bedroom door asking his parents to turn on the computer. Crypto influencer says a trader committed suicide after begging him for help for months. trader commits suicide News: Latest and Breaking News on trader commits suicide. In his note, Alex blamed Robinhood for allowing him to take on the risk. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take big risks with the lure of tantalizing profits,” the 29-page complaint reads.Īs we noted back in June, Alex Kearns left a note before his death. In the lawsuit, Dan and Dorothy Kearns also alleged that Robinhood purposely targets young inexperienced customers, then within the app pushes them to engage in highly complex trades. They also added that the Robinhood app did not “meaningful customer support” to resolve their son’s trade issues. If you or someone you know needs help, please contact the National Suicide Prevention hotline at 1-80, anytime. The parents of a 20-year-old man who committed suicide after mistakenly believing he owed 730,000 to Robinhood plan to file a wrongful death suit against the stock-trading app, according to a report. ![]() They said that Robinhood’s business practices “directly” led to their son’s death. Editors note: This story was originally published on July 13, 2017. More than half a year later, Kearns’ parents are suing Robinhood Financial, claiming the free-trading app Robinhood should be held liable for wrongful death, negligent infliction of emotional distress, and unfair business practices. Before his death, Kearns said he lost hundreds of thousands of dollars on the free-trading app Robinhood. ![]() was sued by the parents of a 20-year-old trader who killed himself last year after he incorrectly. Kearns who took his own life after he misunderstood a potential loss from a stock-options trade. Kearns later committed suicide after he saw a $730,000 negative balance in his Robinhood account. Trading app Robinhood was hit with a wrongful death lawsuit on Monday. Back in June 2020, we wrote about a 20-year stock trader Alexander E.
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