Some made thousands, or even hundreds of thousands of dollars from the move. The news of the lawsuit comes weeks after a band of retail investors, guided by chatter on the social media platform Reddit, drove up the prices of certain short-sold stocks, rocking markets. Now the man's family has filed a lawsuit against the trading app Robinhood, accusing the US investment platform of causing the untimely death of their son and brother. It later turned out that the young man merely misunderstood the balance sheet. In June 2020, a 20-year-old US college student took his own life after a mobile app he had been using to invest in the stock market showed that he was $730,000 (€601,000) in the red.
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