Robinhood Sued bybr Parents of 20-Year-Old Traderbr Who Died by Suicide.br Robinhood has been hitbr with a wrongful deathbr lawsuit by the family ofbr 20-year-old Alex Kearns. .br His parents claim that Alex died bybr suicide last June after Robinhood caused him tobr incorrectly believe he was far in debt.br The stock trading application reportedlybr displayed an outrageous negative balance of $730,000br in his account the day before his death. .br Alex tried to contact Robinhood, but receivedbr only a generic email response. .br In his suicide note, Alex questioned how thatbr could have happen because he “only thought [he]br was risking the money [he] actually owned.”.br In addition to wrongful death, the family’s lawsuit also accused Robinhood of unfair business practices.br A company spokesperson has since released abr statement to TMZ, saying they were “devastated” bybr Alex’s death and committed to making “improvements.”.br We’ve made improvements to our options offering.br These include adding the ability to exercisebr contracts in the app, guidance to help customersbr through early assignment, updates to how webr display buying power, .., Robinhood, via TMZ.br ... more educational materialsbr on options, and new financial criteria and revisedbr experience requirements for new customersbr seeking to trade Level 3 options, Robinhood, via TMZ.