Family suing investment first over son's suicide

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Alex Kearns, a student at the University of Nebraska-Lincoln, was 20-years-old when he took his life last June after he misunderstood a potential loss from a stock-options trade. 9News

of a novice stock trader who died by suicide after mistakenly believing he lost more than $905,000 are suing Robinhood Financial, claiming the popular stock-trading platform’s business practices “directly” led to their son’s death.

Robinhood also provided little or no investment guidance to its users, and its customer service was limited to automated e-mails, according to the complaint. Then, after 3.30am, Mr Kearns got an email from Robinhood saying he needed to deposit more than US$178,000 within seven days to begin to address the negative balance, according to the lawsuit.'QAnon Shaman' rioter will eat organic food, while most prisons and jails have reputation for serving food that is unhealthy

Robinhood, which is based in Menlo Park, California, issued a statement in response to the lawsuit Monday saying it was devastated by Mr Kearns' death and has since made improvements to its options offerings. In December, regulators in Massachusetts filed an administrative complaint against the company, alleging that Robinhood violated securities laws by aggressively marketing itself to Massachusetts investors without regard for the best interest of its customers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

His parents brought him up to only win

Do not engage in usury.

I'm sorry but no. It's not their fault he took his own life

he should fuck off and not try to get money for nothing

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'A devastating moment': Family law experts, former judges react to Family Court mergerFormer judges and legal support services express their dismay at the 'devastating' passage of legislation that will see the Family Court combined with the Federal Circuit Court. Outrageous Men's right's activism or more to the point incels have infiltrated the LNP through Pauline Hanson's One Nation. The ramifications will be brutal with a clear and present danger of more family violence and murder. Pauline Hanson is happy though!!!!
Source: abcnews - 🏆 5. / 83 Read more »

‘He brought jobs, investment and hope’: Family calls for release of Australian academic held in Myanmar“We are distraught that Professor Sean Turnell, our beloved family member and an internationally respected academic, has been detained in Myanmar,” his family said in a statement. Gallo_Ways
Source: theage - 🏆 8. / 77 Read more »