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Family of Wall Street trader, 27, who took his life after losing $700,000 online claim he became impulsive after suffering traumatic brain injury as they sue broker for allowing his risky investments

Wall Street trader William Tyler Allen, 27, died by suicide after becoming distraught over massive financial losses. His family say his brain injury means the stock brokers used should have stepped in.

United statesGreenwich high schoolNew yorkRepublic ofMiami universityAdam glassmanTully rinckeyWilliam tyler allenCarol crossettAlexander kearnsMichelle allenAllen research endowmentLaw groupWall streetTyler allenInteractive brokers

How an Upper-Crust Trader s Stock Disaster Spiraled Into Suicide

Photo Illustration by Luis G. Rendon/The Daily Beast/Getty/HandoutA cognitively impaired Connecticut man who died by suicide in 2021 after losing $700,000 trading stocks online never should have been allowed to make the highly risky investments, his family says.William Tyler Allen’s traumatic brain injury made him “quite impulsive, which often led him to act without fully considering the consequences of his actions,” according to a lawsuit filed by Allen’s mom and obtained by The Daily Beast. Bu

United statesNew york state supreme courtNew yorkCarol crossettAlexander kearnAlexander kearnsWilliam tyler allenTully rinckeyTyler allenAdam glassmanLaw groupYork state supreme courtMiami university in oxfordMerrill lynchFinancial markets associationInteractive brokers

Wall Street trader impulsive after brain injury takes his life after losing $700,000

William Tyler Allen, from Connecticut, had been dealing in risky stock transactions with platforms Fidelity and Interactive Brokers when he became "distraught" after racking up huge debts

New yorkUnited statesWilliam tyler allenAdam glassmanTully rinckeyCarol crossettLaw groupWall streetTyler allenInteractive brokersSummit equityChief investmentDaily beastCommercial law groupNew york cityStock market

Wall Street trader impulsive after brain injury takes his life after losing $700,000

Wall Street trader impulsive after brain injury takes his life after losing $700,000
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United statesNew yorkCarol crossettTully rinckeyWilliam tyler allenAdam glassmanLaw groupWall streetTyler allenInteractive brokersSummit equityChief investmentDaily beastCommercial law groupNew york city

How an Upper-Crust Trader s Stock Disaster Spiraled Into Suicide

William Tyler Allen’s parents say the 27-year-old should never have been allowed to make risky trades, as he was “quite impulsive” after suffering a traumatic brain injury.

United statesNew york state supreme courtNew yorkTyler allenAdam glassmanTully rinckeyWilliam tyler allenAlexander kearnsAlexander kearnCarol crossettFinancial markets associationMerrill lynchLaw groupMiami university in oxfordYork state supreme courtInteractive brokers

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