In just five days, GameStop’s shares soared up to 500%. WSJ analyzed how Reddit posts, YouTube videos and tweets by personalities including Elon Musk spread online and fueled a trading craze that turned Wall Street upside down. Photo illustration: George Downs/WSJ
Mr. Kearns initiated a sophisticated options trade through Robinhood in which he believed his maximum loss was limited to less than $10,000, the complaint said. One weekend in June, Robinhood emailed Mr. Kearns to alert him that he needed to deposit about $178,000 in a few days’ time to help rectify a negative balance, which the app showed was roughly $730,000, according to the complaint.
I can understand the fear, but why not reach out to someone? Talk to anyone who might be able to guide you. It’s so tragic that a life had to be lost. I feel for his family. They must have been stunned. God be with them.
He took his life cause of depression. No one told him to invest in Robinhood!
R.I.P.
The family has a great case due to robinhood glitch with showing his incorrect balance. Rh didn’t settle on their end for his vertical spread and showed -$700k, when in actuality he probably would’ve made money. deleterobinhood
I wonder why they waited so long
No win situation. I imagine an ambulance chaser convinced the family of this misguided idea . Best they could hope for is some sort of an out of court settlement with the attorney getting 33% for a few phone calls, and writing a couple of nasty letters Sad
Idiotic.
Because he can’t read a statement?
Someone should have told this kid that money isn't real
This family will not only loose him now. Cope the loose or never trade
So sad for him & his family.
💰💀
Why do parents sue someone else for their own failure to raise their kids right? Prepare them for the challenges of life and how to cope with failures, difficulties etc?
No. His loss of life is a tragedy, but the failure is education.
PLEASE🙏🙏🙏 DESIGN AND MAKE AUTOMATIC SPRAYER USING SILVER MINERAL LIQUID / IONIC COLLOIDAL SILVER IN THE CLASS ROOM. ABSOLUTELY THE SARS-CoV-2 AND OTHER VIRUS WILL BE KILLED. DON' WORRY COVID-19. BE HAPPY. 🙏🙏🙏
Yeah, the family doesn't bear any responsibility! Blame someone else for your short comings
😓😓
Can we also sue the casinos?
😥😥
So very sad.