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Robinhood CEO on User Who Died by Suicide Thinking He Owed $730K

Robinhood CEO on User Who Died by Suicide Thinking He Owed $730K
people.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from people.com Daily Mail and Mail on Sunday newspapers.

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10 Police Reports In 11 Days: Robinhood's Offices Attacked By Angry Clients

10 Police Reports In 11 Days: Robinhood s Offices Attacked By Angry Clients
02/11/21 AT 5:55 PM
Day trading app Robinhood has seen its offices face turmoil, as former clients gather to close accounts, withdraw money or even attack the building. The commotion comes as the Menlo Park, California-based company faces numerous lawsuits for freezing accounts during Gamestop s Reddit-fueled stock heights and as the government opens investigations into the company.
An inquiry by CNBC found 10 police reports between Jan. 28 and Feb. 9. They ranged from people trying to close accounts or contact customer service to men throwing animal feces at the door or trying to saw off part of the office’s outdoor statue. ....

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Robinhood slammed by parents of trader who killed himself last summer

Parents of young trader who died by suicide: Robinhood is to blame 02:56
New York (CNN Business)After their son s death, Dan and Dorothy Kearns said they were horrified to learn that their panicked 20-year-old repeatedly tried and failed to get in touch with Robinhood about his negative account balance of $730,000.
College student Alex Kearns mistakenly believed he owed that staggering sum of money and took his own life last June after his desperate pleas to Robinhood went unanswered, according to his family. Alex left a note that signaled confusion about his negative Robinhood balance.
Anyone would be in a state of panic to see those numbers on their screen. ....

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Man tried to contact Robinhood 3x before suicide: parents

The parents of a young man who committed suicide last year after mistakenly believing he’d lost $730,000 on the trading app Robinhood are speaking out about their son’s failed attempts to contact the company. The 20-year-old Illinois trader, Alex Kearns, was notified after 11 p.m. on June 11 that his Robinhood account had been restricted and that he was required to purchase more than $700,000 in shares as part of a complex options trade, according to a lawsuit filed against the company this week. ....

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Parents Say Son Who Died by Suicide Tried to Contact Robinhood 3 Times

The parents of 20-year-old Alex Kearns say their son died by suicide because trading app Robinhood allowed him to access complicated financial instruments but didn't have. ....

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