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

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Last June, 20-year-old Alex Kearns died by suicide, blaming stock trading app Robinhood for his death. He mistakenly believed he'd minded $730,000, and that the visitor was tearing for other than $170,000 of that money in a outgo of days. His family now agrees that it was Robinhood's millstone -- on Monday, they sued the visitor 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 agility required" email telling him he scant to bead $178,612.73 by June 17th.

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

I saw @RobinhoodApp response and can proclaim they did realization out. The family isn't realizable to allege yet. Since they can't self-flagellation record furnishing here's the screenshot. pic.twitter.com/uqeDhro7aJ

-- Currency Brewster (@BillBrewsterSCG) June 16, 2020

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If you or anyone you know is because suicide or is anxious, depressed, upset, or needs to talk, there are people who appetite to help:

In the US:

Crisis Text Line: Text START to 741741 from anywhere in the USA, at any time, barely any blazon of crisis

The National Suicide Prevention Lifeline: 1-800-273-8255

The Trevor Project: 1-866-488-7386

Outside the US:

The Nonspecific Excise for Suicide Prevention lists a number of suicide hotlines by country. Click here to gathering them.

Befrienders Worldwide: #

Kearns reportedly tried to familiarity Robinhood's support direction four times, but only got an factory-made message. The day dorsal he died, Robinhood sent liberty factory-made bulletin to let him know he didn't authentically owe money at all, according to a CBS News venture that includes an inventory with Kearns' family.

Later that month, when the news of his hereafter spread, Robinhood promised to fecundation how its app worked, engraft its users, and pledged $250,000 to the American Foundation for Suicide Prevention.

The new lawsuit isn't the only reason this venture is freshly relevant. Robinhood is conjointly now facing dozens of lawsuits for its role in the GameStop / Reddit / Wall Street Bets saga, area individually traders banded calm to manipulate stocks that had been shorted, but some traders are blaming them for huge losses dorsal Robinhood froze how opulent and when they could invest. The company's software conjointly automatically sold some options (though not shares, Robinhood claims) out from under traders.

Either way, the huge run on GameStop now seems to be over, and unlike Kearns, mucho people may hypothesize minded tremendous amounts of real money honky-tonk via Robinhood and other apps. If you know stretching who did, they can gathering the National Suicide Prevention Lifeline at 1-800-273-8255.

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