UNL student takes own life after trading app glitch shows negative $730k balance
Alexander Kearns, a University of Nebraska Lincoln student from Naperville, Illinois, took his own life after a glitch on a trading app showed he had a large negative balance.
A University of Nebraska-Lincoln student has reportedly taken his own life after a glitch on an investment app showed he had a negative balance of hundreds of thousands of dollars.
Alexander Kearns, a sophomore from Naperville, Ill., opened the Robinhood trading app and saw he had a negative balance of $730,000, according to reports from ABC News affiliate WGNO. The number was reportedly the result of a glitch.
A family member of Kearns confirmed the incident.
Kearns was a management major in the College of Business.
Kathey Farrell, the Dean of the College of Business tweeted Monday about Kearns’ death.
“We offer our deepest condolences to his family and friends and mourn with you,” it says.