CBS News By Tony Dokoupil, Michael Kaplan, Martin Finn, Cassidy McDonald, Jennie Kamin and Rob Kaplan CBS News February 8, 2021, 7:37 AM
Alex Kearns died thinking he owed hundreds of thousands for stock market losses on Robinhood. His parents have sued over his suicide.
Last Updated Feb 8, 2021 2:03 PM EST
Twenty-year-old Alex Kearns took his own life last June mistakenly believing he d lost nearly $750,000 in a risky bet on Robinhood, the stock-trading app where he started trading as a teenager.
His parents filed a lawsuit, first obtained by CBS News, on Monday accusing Robinhood of wrongful death, negligent infliction of emotional distress and unfair business practices.
Alex Kearns Died Thinking He Owed Hundreds Of Thousands For Stock Market Losses On Robinhood newson6.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newson6.com Daily Mail and Mail on Sunday newspapers.
Alex Kearns, a 20-year-old college student, died by suicide on June 12. At the time of his death, his Robinhood account had a balance of -$730,000 after a complex options trade.
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