Robinhood Sued By Family Of College Student Who Took His Life

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The family of a college student who took his life after thinking he’d lost nearly $750,000 on Robinhood filed a wrongful death lawsuit against the stock-trading company on Monday.

The mother, father and sister of 20-year-old Alex Kearns, who died in June, filed a lawsuit in California state court accusing Robinhood of wrongful death, negligent infliction of emotional distress and unfair business practices, according to the complaint that was first obtained by CBS News.

Kearns’s family alleges the company’s “reckless conduct directly and proximately caused the death of one its victims” through “misleading communications” about his investments and “virtually nonexistent” customer service, The Wall Street Journal reported, citing the complaint.

Read more at The Hill.

{Matzav.com}


4 COMMENTS

  1. The family has my sympathy and I don’t mean to mitigate their pain or to defend Robinhood but how can you possibly prove an accusation like that? Can you sue people who acted like jerks to everyone who committed suicide r’l?

    (If you could there would be a suicide industry…)

    • They should not be able to but all states allow it.

      Some states have limitations of how much you can sue for and when the suit must be filed.

      In the case of the bar you would have to prove that the bar continued serving drinks to the drunk guy and other acts of negligence. What do you prove by a suicide?

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