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| Topic | Family of novice investor who killed himself sue Robinhood. |
| Compsognathus 02/09/21 2:34:51 PM #46: | I genuinely don't see how Robinhood could be held legally on the hook for this. Don't get me wrong, the whole incident is tragic, but someone killing themselves because of a system error, and the resulting system generated emails is gonna be hard to claim liability on. I have mixed feelings about RH as a whole. I think it is good that there is a way for more people to directly access the market with limited to no fees and if RH was only allowing folks to buy like regular stocks, it wouldn't be too big a deal, because ultimately they are pretty straightforward. The problem is when you have novice investors getting involved in options and shit that require higher financial literacy and less immediately identifiable risk. --- *Gheb is my other account* ... Copied to Clipboard! |
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