The family of a 20-year-old student who killed himself after thinking he had amassed a large trading loss on Robinhood Markets has sued the company over his death.
The family of Alex Kearns, a Robinhood user and a student at the University of Nebraska-Lincoln, said in a lawsuit filed in California state court on 8 February that Robinhood contributed to his death through “misleading communications” about his investments and “virtually non-existent” customer service, The Wall Street Journal reported.