Search results
Results from the WOW.Com Content Network
Last year, Hindenburg Research accused Madhabi Puri Buch - the chief of market regulator Securities and Exchange Board of India (Sebi) - of having links with offshore funds used by the Adani group ...
Hindenburg cited two years of research, including talks with former Adani senior executives and reviews of thousands of documents. Adani has challenged the allegations, which caused share prices ...
Since Jan. 24, 2023, Adani Energy Solutions is down 71.32%, Adani Total Gas has lost 82.7%, and flagship Adani Enterprises is down about 30%. Adani Ports and Adani Power are up about 51% and 105% ...
Hindenburg Research LLC was a U.S. investment research firm with a focus on activist short-selling founded by Nathan Anderson in 2017. [2] [3] [4] Named after the 1937 Hindenburg disaster, which they characterize as a human-made avoidable disaster, [5] the firm generated public reports via its website that allege corporate fraud and malfeasance. [6]
On January 24 short-seller Hindenburg Research released a report titled Adani Group: How the World's 3rd Richest Man Is Pulling the Largest Con In Corporate History. The text of the report modified the claim slightly to "one of, if not the most egregious example of corporate fraud in history".
On 24 January 2023, Hindenburg Research published the findings of a two-year investigation claiming that Adani had engaged in market manipulation and accounting malpractices. [93] Hindenburg also disclosed that it was holding short positions on Adani Group companies.
Hindenburg Research's founder said he would disband the firm whose reports sparked heavy selling by investors and investigations by authorities, wiping billions from the market values of companies ...
Nathan Anderson is the founder of Hindenburg Research, a New York-based investment research firm known for its investigative reports and short-selling strategies. [1] When he announced the closure of Hindenburg in 2025, the Wall Street Journal called him "Wall Street’s Pre-Eminent Short Seller".