Civil Litigation
Feb. 9, 2021
Robinhood sued over investor's suicide
Alex Kearns, who wrongly thought he owed Robinhood $750,000 after making a risky investment, committed suicide in June, citing his perceived debt in a sucide letter, according to the suit filed by his parents.
Robinhood Financial LLC contributed to the death of a 20-year-old student through "misleading communications" about his investments and "virtually nonexistent" customer service, according to a wrongful-death lawsuit filed in Santa Clara County Superior Court on Monday.
Alex Kearns, who wrongly thought he owed Robinhood $750,000 after making a risky investment, committed suicide in June, citing his perceived debt in a sucide lette...
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