Father Of Robinhood User Who Died By Suicide Speaks Out On Loss, App Concerns | NBC News NOW

The family of 20-year-old Alex Kearns is suing popular stock trading app Robinhood after Kearns died by suicide last year, believing he was hundreds of thousands of dollars in debt. NBC News’ Savannah Sellers sits down with Kearns’ father and the family’s attorney.
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Father Of Robinhood User Who Died By Suicide Speaks Out On Loss, App Concerns | NBC News NOW

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23 thoughts on “Father Of Robinhood User Who Died By Suicide Speaks Out On Loss, App Concerns | NBC News NOW

  1. Maybe have customer support that answers in a timely manner instead of automated responses that get you no where for a long time. I dont care what people in the comments are saying. Robinhood needs to fix their customer support. Had a human recieved his email he wouldnt of killed himself.

  2. Anyone who commutes suicide by running into a train is a complete wacko. No sympathy, in fact I wish he had video taped it so we could witness the force of a train colliding with a human body to scientifically observe the impact!

  3. We should be more concerned about what happens after death than about dying. After all we already know we're gonna die some day, but we don't know what happens after death.
    www . Prabhupadabooks . com

  4. the mom and dad is at fault , and this story is being aired 8 months down the road because the people used it to take billions of dollars from the rich that going to get bailed out from biden

  5. I think Robinhood probably is at fault. I understand everyone saying "don't invest in options if you don't know what you're doing" but I have 2 counter points to this:
    1. Robinhood (in my experience) DOES push you to activate options trading. It isn't out of the way while you don't have it activated in some menu somewhere, you basically get daily messages telling you that you can activate it.
    2. Robinhood is your broker. If they have more interest in you getting into options (so that the hedge funds who write these options have more people to sell to, and thus can sell them at a higher price), than they are at protecting your financial well-being, they have failed you in their fiduciary responsibility. It isn't a coincidence that robinhood is mostly owned/has most of their business come from hedge funds. These guys want to write more contracts that are completely stupid at ridiculous prices that unsuspecting people will buy. They have a financial interest in keeping ignorant people trading options.

    In my mind, you shouldn't be a broker for someone if you're actively financially interested in that person consistently failing.

    Also the fact that they showed an assigned balance without also showing the long value of the spread is absolutely negligence. It is a reasonable assumption that showing someone who made a 2,000 dollar investment a negative balance of over 800,000 dollars could lead to duress.

    And there is absolutely 0 reason to do it other than you were too lazy to BE THEIR BROKER and exercise their long options to cover. Or too lazy to fix the graphical update. Either way, Robinhood is almost certainly in the wrong.

  6. I have so many problems with this.
    ONE, this happened almost 8 months ago, you’re literally just trying to get views off of this robinhood hype and tragic story. Shame on you.
    TWO, ROBINHOOD IS NOT AT FAULT. blaming robinhood is like blaming your professor because you failed the test. You should have learned the material before you took the test, your grade is not dependent on the professor (or robinhood) it’s dependent on you.

  7. NO ONE IS PROMISED TOMORROW AND ONLY JESUS IS THE WAY THE TRUTH AND THE LIFE AND THE ONLY NAME GIVEN BY THE ONE AND ONLY TRUE GOD HIM SELF WHERE WE CAN BE SAVED JOHN 3.16 so please make today the day of your salvation admit you are a sinner and ask Jesus to save you by faith ask him to forgive you of your sins and in that very moment he will give you eternal life and write your name in the book of life as the Angels in heaven rejoice . friends if you die without Jesus and the forgiveness of your sins your eternal home will be the lake of fire so it is wise to call on the name of the lord and believe he died on the cross for your sins by shedding his holy innocent blood on the cross as he took your place so you can be forgiven by God he died and rose again on the 3rd day Amen . Revelation 20:15
    King James Version
    15 And whosoever was not found written in the book of life was cast into the lake of fire. friends Jesus LOVES YOU so much so that he laid down his life freely so you do not perish took upon him self the sins of the world yet he did no wrong he was without sin so please do not reject a beautiful loving gift from God . I love you also and please do not let the devil put doubt and unbelief into your thoughts because that is what that evil lying creep does so he keeps hold of your soul filling the world with false fake gods and religions and lies to confuse you so please come to the truth of the gospel today and be born-again through Christ and you can have peace knowing you are secure forever and ever [ ALL baby's and children who have sadly passed are in heaven with Jesus happy so take comfort in that truth ]
    also the RAPTURE is soon when JESUS will take all those in christ out of this world in the blink of an eye by Angels then the TRIBULATION will begin at the end of the tribulation the 2nd coming of Christ x

  8. If you’re going to sue Robinhood then you should be able to sue casinos! There are more suicides due to addictive gambling despair than the stock market by far. Casinos prey on addiction. The stock market is no different. I hope these parents are able to make a difference!

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