Parents sue Robinhood after son commits suicide believing he owed $730K

The parents of a 20-year-old man who committed suicide after mistakenly believing he owed $730,000 to Robinhood plan to file a wrongful death suit against the stock-trading app, according to a report. University of Nebraska student Alexander Kearns, who had begun dabbling in trading, ran into problems on June 11 when the app put a hold on his account showing that he was $730,000 in the red … Continue reading Parents sue Robinhood after son commits suicide believing he owed $730K

ROBINHOOD SUEDINVESTOR SAYS HE GOT SCREWED …By Unfair Trading Halt

A man with a major investment in BlackBerry options claims his finances are taking a dive due to Robinhood halting trading on his stock … a move he believes was made to protect Wall Street’s hedge fund bros. Richard Joseph Gatz of Illinois is going after the financial services company, after it stopped allowing individuals to buy stock in companies at the center of the current … Continue reading ROBINHOOD SUEDINVESTOR SAYS HE GOT SCREWED …By Unfair Trading Halt

SEC charges Robinhood with misleading customers about how it makes money

KEY POINTS The SEC charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver the promised best execution of trades. Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings. The Securities and Exchange Commission on Thursday charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver … Continue reading SEC charges Robinhood with misleading customers about how it makes money