Alex Kearns ran in front of a train after being told of $730,000 loss he thought family would have to repay

The family of a 20-year-old stock trader who killed himself have sued the broker Robinhood for his death, citing its “misleading communications” that caused their son to panic over what he wrongly believed were huge market losses.

Robinhood notified Alex Kearns in June of what he thought was a $730,000 loss on a trade, and when he was unable to communicate with anyone at the company, the college student was thrown into a highly distressed mental state, the lawsuit stated.

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Tuesday, February 9, 2021 - 5:16am