Reported about 14 hours ago
Hindenburg Research, the short-selling firm known for exposing fraud at Nikola and significant accounting irregularities at Super Micro Computer, announced it will cease operations. Founder Nate Anderson mentioned the decision was made after finishing ongoing investigations, including recent Ponzi cases. Established in 2017, Hindenburg gained prominence for its impactful reports, which often targeted major companies, leading to legal consequences for some executives. Anderson plans to share their investigative methods in the future.
Source: YAHOO