Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 9, 2021 02:34 am

Robinhood sued for wrongful death by family of 20-year-old who died by suicide





Illustration by Alex Castro / The Verge



Last June, 20-year-old Alex Kearns died by suicide, blaming stock trading app Robinhood for his death. He mistakenly believed he’d lost $730,000, and that the company was coming for more than $170,000 of that money in a matter of days. His family now agrees that it was Robinhood’s fault — on Monday, they sued the company for wrongful death.


According to the complaint, Kearns never owed any money at all, but that didn’t stop the Robinhood app from suggesting that he did, or sending him an “immediate action required” email telling him he needed to deposit $178,612.73 by June 17th.


Here’s a screenshot one of his relatives shared on Twitter last June of what the app reportedly showed him at the time:






Continue reading…




Original Link: https://www.theverge.com/2021/2/8/22273600/robinhood-alex-kearns-wrongful-death-lawsuit-stock-options-trading

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge