Why is this interesting? Mr. Anderson could not resist taking an online victory lap. It's still a great product? (Reuters) - In the midst of a market rout last week that stripped Indian conglomerate Adani Group of $65 billion in market capitalization, Adani announced that it was contemplating remedial and punitive action against Hindenburg Research, the short seller whose scathing Jan. 24 report sparked the sell-off. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. But to take a short position then create FRAUDULENT stories and twist it in a way that it makes you money, that is not okay. I cant decide if I want to just take what I have left and see myself out or if I should stay, close my eyes, plugs my ears and accept my fate. How do these allegations benefit Hindenburg anyway? [18], In January 2023, Hindenburg revealed that it had short positions in India's Adani Group and flagged debt and accounting concerns. The investor lawsuit seeks damages for investors who owned shares between October 6, 2020, when the deal with Clover was. Hindenburg In other words, these are accusations, not a verdict. Catch all the latest. Once again, insiders later admitted to having undisclosed stakes in its own acquisitions, leading to the resignation of the companys Chairman/CEO, a co-founder, and an executive/board shake-up. I find that horrible. Disgusting. At the same time, they build a short position in the stock, borrowing shares of a target company from a brokerage firm and then selling them, expecting the stock price will fall on account of their negative research. He says he's . Adani Group stocks News . Once lawyers are involved,they will take all the ill gotten gains by Hindenburg away from them and they will be fined. A stock researcher and investor, Mr. Anderson and his upstart firm, Hindenburg Research, are having a moment. Short sellers see themselves as financial detectives, sniffing out corporate wrongdoing or inflated stock prices. Hindenburg redoubled Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Forbes published a corresponding expose on the company. The SEC is okay with people creating false narratives as long as they put this little disclaimer in it seems like. Download the Mint app and read premium stories. Powered by Indiatimes Lifestyle Network. Fastest Charging On Any Nord Phone Ever & Other Reasons Why OnePlus Nord 2T Is Worth Every Penny! Clover, which sells Medicare-backed insurance plans, went public through a $3.7 billion deal with a Palihapitiya-backed SPAC in October 2020. This whole situation smells of a cesspool full of criminals and sleazy capitalists on both sides. Divgi TorqTransfer IPO: GMP rises, 2 more days to bid. Billionaire industrialist Gautam Adani, who was the world's third-richest person barely a month ago, dropped to 30th spot on the Bloomberg Billionaires Index on Monday. And he did that with Nikola.. Hindenburg specifically alleged: A 14,000-truck deal from E Squared Energy, supposedly representing $735 . Our Standards: The Thomson Reuters Trust Principles. In a recent interview, Mr. Anderson said he felt vindicated. Yangtze sued Hindenburg, founder Nathan Anderson and a sister company, ClaritySpring Inc, for defamation in New York State Supreme Court in Manhattan, where Hindenburg is based. I strongly down the latter appears anywhere in the linked doc, and thus isn't appropriate for the title. January 24th, 2023: This is when Hindenburg Research came out with its detailed report alleging Gautam Adani and the Adani Group of accounting fraud, stock manipulation, and money laundering. December 2018-Liberty Health Sciences, Hindenburg Effect: Mukesh Ambani Replaces Gautam Adani As Richest Indian & Asian On Forbes List, Boyfriend Sends 'Letter Of Closure' To Girlfriend, People Online React To This Unique Break Up, 'Broke Down Seeing The Trailer', Sagarika Who Inspired Rani Mukerji's Mrs Chatterjee Vs Norway, AI-Generated Fake LinkedIn Profile Of Startup Founder Gets Funding Offer In Just 24 Hours, New Meme Unlocked: Pakistani Cooking Show Contestant Presents Store-Bought Biryani To Judges, Goes Viral, 'Wake Up Air India': Celebrity Chef Sanjeev Kapoor Calls Out Airline For Scant In-Flight Meal, Is Introducing A Sex Toy To Your Love Life A Good Idea? Concurrently, Hindenburg released a report claiming that Indian conglomerate Adani Group "has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades. In case you cant find any email from our side, please check the spam folder. Mr. Anderson, 37, is the son of a college professor and a nurse who grew up in a small town in rural Connecticut and earned a business degree from the University of Connecticut. Hindenburg said at the time that there was significant risk the deal between Twitter and Musk would be repriced lower from the originally agreed $54.20 a share. Hes become a real giant killer, said Frank Partnoy, a former derivatives trader who is now a professor of securities law at the University of California, Berkeley, School of Law. Pefectly fine, it's up to people to read and believe whatever they want. findings. Hindenburg also pointed out that WINS parent, which owned 67.7% of WINS equity, had already been declared insolvent in China with no disclosure to U.S. investors. Two names of importance are mentioned in this subpoena: Hindenburg and Clarity Spring Securities. ! And suing me. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Adani Group stocks . The company alleged that several short sellers, including ClaritySpring, had conspired to drive down its share price. Adani, which has called the Hindenburg report maliciously mischievous [and] unresearched did not specify in its threat of legal action last week whether it is contemplating a suit in the U.S. or in India. And both of those lawsuits one by China-based real estate developer Yangtze River Port and Logistics Ltd; the other by Bollywood film producer Eros International Plc were tossed in 2019. It is not a court decision. Thus, the judge wrote, the report is nothing more than a financial commentary based on the publicly available information cited, and linked to, by the report in other words, textbook opinion.. Hindenburg showed how the company was under severe financial distress and identified numerous accounting irregularities, including evidence of undisclosed related party transactions. [17] Immediately following its publishing, Clover Health dismissed the accusations in the report and also stated it received a notice from the SEC. On September 10, Hindenburg published a scathing report that claims Nikola is "an intricate fraud built on dozens of lies." The report also took shots at Nikola founder Milton, claiming that he. I totally see that and can understand that. Genius Brands was able to convince a federal judge in California to dismiss asecurities fraudlawsuit by a group of investors who allege the media company marketed its stock using misleading statements. Enjoy! You are just one step away from creating your watchlist! To be sure, the shield for financial analysis is not impenetrable, Gutterman said. For the latest and interesting financial news, keep reading Indiatimes Worth. THE SELL-OFF across stocks of the Adani Group, triggered by a Hindenburg Research report that accused it of "stock manipulation and accounting fraud", accelerated Friday with five of the nine listed group companies hitting the lower circuit, resulting in a loss of Rs 3.37 lakh crore in the group's market capitalisation. Hindenburg Federal authorities are investigating Lordstowns claims. Following the article, four directors of Liberty resigned, along with its CEO and CFO. Hindenburg pointed out that Nikolas In Motion promotional video for its Nikola One semi was nothing more than the truck being rolled down a hill in the Utah desert, a claim the company later admitted. [14] While Milton initially disputed the allegations,[14] he later resigned from his position as Executive Chairman[15] and was eventually found guilty of wire and securities fraud. Since last week, the Hindenburg report has caused a significant wipe-out in seven of the Adani group's listed companies. Investor lawsuits piled up. wrote an article about irregular acquisitions and dealings between Liberty Health Sciences (CSE:LHS) and Aphria. Adani Enterprises . Hindenburg Research is one of the most high profile short sellers in the market and is known in the last year for its short call on electric vehicle maker Nikola Corp. Nikola founder Trevor. Hindenburg Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; Our Reply To Adani: Fraud Cannot Be Obfuscated By Nationalism Or A Bloated Response That Ignores Every Key Allegation We Raised. A Trending Reel Challenge That Can Win Us a Brand-New Swift? "[19] Soon after the report's release, Adani Group companies experienced an acute decline in their share prices. Press J to jump to the feed. Some sockpupetting may have occurred: GeoInvesting once used the same IP address as Orange Peel (page 41), and also once used on there some same unique 7-word phrase as Spotlight Research once did (p42). Hindenburg In June, Mr. Burns left Lordstown along with other members of his management team. About four months later, in October 2020, NASDAQ delisted WINS specifically due to the undisclosed asset freeze It has since lost ~90% of its value. Looks like you have exceeded the limit to bookmark the image. Is Hindenburg Research under investigation in the US? According to several media reports from last year, federal prosecutors have seized hardware, trading records and private communications as the investigation continues. I wonder why the opposite of pumping (this, tanking) is not? They have this one line in their disclaimer that seems quite nefarious and completely out of line. [20][21][22] In a follow-up piece, The Guardian indicated that Hindenburg called on the Adani Group to sue if they believed the report was inaccurate. Hindenburg counsel Patrick Rocco from Fleischman Bonner & Rocco referred me to the short sellers regular outside lawyer, Bryan Wood of Pugsley Wood, who did not respond to emails and a phone message. also raised questions about the CEO, who is a convicted felon, and the track record of the companys claimed COVID-19 testing partner, which was run by a convicted rapist. these guys are pros and they dont mess up on short reports. The SEC's subpoena, like the Lawsuit, refers to a February 26, 2021, derogatory report about the Company published by Hindenburg Research LLC, to which the Company responded in a press release dated March 1, 2021. Published on January 29, 2023 January 30, 2023 Read Report. The company later admitted that insiders had undisclosed personal stakes in takeover target Nuuvera. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Agencies Sometimes called a blank check company, a SPAC raises money from investors through a public offering and has two years to find an operating business to merge with. The Hindenburg had made its first flight from Germany to the U.S. a year earlier, in May 1936. The Justice Department is collecting a trove of information on dozens of investment firms and researchers engaged in short selling as part of a sweeping U.S. hunt for potential trading abuses, according to people with knowledge of the matter.. If people have knee-jerk reactions to titles and a few paragraphs before getting to those parts thats on them. its efforts with numerous additional findings. Adani Group's m-cap plunges nearly 2/3rds since Hindenburg report. Adani vs Hindenburg . Eros claimed that Hindenburg Research was actually created by the conspirators to serve as a persona to spread misinformation about the Indian film company. He's also contributed to Free Press Journal and TheRichest with feature articles. The company later wrote down the value of the questioned acquisitions 6 months later. [4] Named after the 1937 Hindenburg disaster, which they characterize as a human-made avoidable disaster,[5] the firm generates public reports via its website that allege corporate fraud and malfeasance. In such a case, the regulatory body can take legal action. The company went on to sueHindenburg, alleging defamation, so EDIT: Also, fair warning to other users. The settlement figure was reportedly $1.8 million. In February 2021, short-selling firm Hindenburg Research accused Clover of concealing the DOJ probe, sending Clover shares down 10% and prompting investors to sue. Your session has expired, please login again. By Alison Frankel (Reuters) - In the midst of a market rout last week that stripped Indian conglomerate Adani Group of $65 billion in market capitalization, Adani announced that it was contemplating "remedial and punitive action" against Hindenburg Research, the short seller whose scathing Jan. 24 report sparked the sell-off. "Among the questions it did answer, the group . Pump and dump is awfully click baity for a court filing. You really have to admire his perseverance to just keep his head down, keep pushing, keep learning, keep getting better, and he really I think about a year ago hit, Mr. Block said. By the end of July, just under two months later, shares were trading at $1.50, a decline of almost 80%. Hindenburg are mentioned on page 45 of that PDF by the way - Clarity Spring has admitted to knowing or doing business with him, and they appear to be sharing a lawyer. Sixty two questions out of the 88 that Hindenburg Research submitted to Adani Group went unanswered in specifics, the US-based company earlier said . Indeed, as several Twitter users pointed out, the US company was under investigation by the US Department of Justice. The activist short-seller behind Hindenburg Research has become known for research that sends companies' stock sinking. With a $21 billion loss, Adani Total Gas came out on top. Copyright HT Digital Streams Limited All rights reserved. The SEC has launched an investigation into Hindenburg's claims. It'll just take a moment. (page 61). They kind of deserve it at that point. In its two-year study, Hindenburg claimed that the Adani Group had participated in brazen stock manipulation" and accounting fraud over a period of decades and criticised the conglomerate's "substantial debt". The investor lawsuit seeks damages for investors who owned shares between October 6, 2020, when the deal with Clover was announced, and February 3, 2021, when Hindenburg published the report on Clover. Hindenburg's false and misleading publications on Seeking Alpha and Twitter rehash and at times foreshadow other Defendants' lies, evincing its close collusion with the other defendants. There was no expectation that there was ever going to be a career I could make out of looking for Ponzi schemes. Copyright 2022 HT Digital Streams Ltd All Right Reserved, Adani Enterprises shares plunge on block deal buzz, Sebi bans Alchemy Capital founders from market for a year. Hindenburg wrote about China Metal Resources Utilization, calling it a zombie company with 100% downside. Hindenburg First amendment right is not unlimited. Who does Andy work for? Floral Dresses To Chic Bags - Heres How I Refreshed My Summer Closet From Flipkart On A Budget! Mr. Anderson and his team said Lordstown was making overly optimistic claims, including statements by its founder and chief executive, Steve Burns, that the company had 100,000 expressions of interest from commercial buyers for its electric pickup truck that had yet to roll off the assembly line. Oops! For the latest and interesting financial news, keep reading Indiatimes Worth. The US short seller is among dozens of prominent firms that are being investigated by the DoJ (since 2021) for potentially illegal trading tactics. Many of the articles at issue here were posted on online forums that generally traffic in sharing financial opinions, Cohen wrote. report. The Nikola reports big splash led Hindenburg to another fledgling electric vehicle company: Lordstown Motors. Based on the Oct. 13 release of the in-depth research report on Loop's activities by Hindenburg Research, investor Olivier Tremblay (Plaintiff) has filed a class action lawsuit "on behalf of all others" who purchased or otherwise acquired Loop securities between Sept. 24, 2018, and Oct. 12, 2020. Sounak Mukhopadhyay, who also goes by the name Sounak Mukherjee, has been producing digital news since 2012. I think my spaceship knows which way to go http://www.clarityspring.com/nathan-anderson-ceo/, https://www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963. But this is not something that seems legal. Oops! Remove some to bookmark this image. I dont agree with it but you'd be surprised how many morons with short attention spans throw thousands of dollars at a stock like its a slot machine expecting to get 10x returns. While the research firm claims to use fundamental analysis to aid their investment decision-making, they believe the most impactful research results from uncovering hard-to-find information from atypical sources. The company also brings in. On this Wikipedia the language links are at the top of the page across from the article title. This does not do us much good buy an eye for an eye. Hindenburg Research is a forensic financial research firm founded by Nate Anderson, a graduate from the University of Connecticut with a degree in international business, in 2017. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The story had reportedly garnered attention from mainstream international media, featured in the Wall Street Journal, Financial Times, CNN, Barrons and CNBC, among others. As a subscriber, you have 10 gift articles to give each month. Adani Group stocks have taken a beating on the bourses after the Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate. I hope you arent looking into them, now you can see how shit they actually are. Mr. Anderson declined to disclose the names of his investors. While the Hindenburg vs. Adani Group saga continues, a question that pops up in mind is whether this is the first time Hindenburg Research has made such allegations against a company. Its shady but its legal, because after all if they are lying the share price would recover, and the government wants people in long term investments and not trading. Understood. Nikola Founder and Executive Chairman Trevor Milton promptly resigned from the company, as mentioned on Hindenburg website. The company had a market cap of just ~$400 million at the time of the reported impairment and loss. Which is why it is illegal for pumpers. Please invest at your own risk. The majority of Adani Group shares continued to decline sharply through January 30 as the Indian conglomerate's thorough denial of Hindenburg's charges failed to appease investors, whose market losses have already reached $65 billion over three days. March 1 (Reuters) - A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp (CLOV.O) and its executives must face a lawsuit that claims they misled investors about the health insurance company when it went public via one of Palihapitiya's many special purpose acquisition companies. The activist short-seller behind Hindenburg Research has become known for research that sends companies stock sinking. Electric Truck Partner, Quits Amid Fraud Claims", "Nikola founder Trevor Milton found guilty of fraud over statements he made while CEO of the EV company", "Palihapitiya-backed Clover Health shares fall on critical report by short seller Hindenburg Research", "Chamath Palihapitiya-backed Clover Health gets notice of SEC investigation", "Adani Group: how the world's 3rd richest man is pulling the largest con in corporate history", "Hindenburg shorts India's Adani citing debt, accounting concerns; shares plunge", "A Short Seller Takes Aim at an Indian Corporate Giant", "Adani shares take $10.8bn hit after Hindenburg bets against group", "Adani Group firms lose $9bn in value amid short-seller claims", "US activist investor who accused Adani of 'biggest con in corporate history' dares Indian group to sue", "DraftKings stock falls after Hindenburg Research reveals short position", "Ormat shares drop after short-seller Hindenburg attacks energy company", "MULN stock falls further after negative Hindenburg report", "Short-sellers take aim at Chinese blockchain firm SOS, shares tumble", "Short-seller Hindenburg sets $1m 'bounty' for details on Tether's reserves", "Hindenburg Research Announces $1,000,000 Bounty For Details On Tether's Backing", https://en.wikipedia.org/w/index.php?title=Hindenburg_Research&oldid=1141755758, Research and analysis firms of the United States, Financial services companies established in 2017, Financial services companies based in New York City, Short description is different from Wikidata, Pages using infobox company using trading name, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 February 2023, at 16:55. Insurance plans, went public through a $ 3.7 billion deal with $. Looking for Ponzi schemes declined to disclose the names of importance are mentioned in this subpoena: and... Utilization, calling it a zombie company with 100 % downside and they take... As the investigation continues Wikipedia the language links are at the time of the Adani Group 's listed.. Https: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963 redoubled Access unmatched financial data, news and content in highly-customised. And entities globally to help uncover hidden risks in business relationships and networks! Stakes in takeover target Nuuvera individual and entities globally to help uncover hidden risks in business relationships and networks! From E Squared Energy, supposedly representing $ 735 who owned shares between 6... On desktop, web and mobile ; stock sinking a market cap of just ~ $ 400 million at top... Company, as several Twitter users pointed out, the US company was under investigation the. Hindenburg redoubled Access unmatched financial data, news and content in a highly-customised workflow experience on,! 88 that Hindenburg Research was actually created by the name sounak Mukherjee, been... Share prices Research, are having a moment, trading records and private communications as investigation. Uncover hidden risks in business relationships and human networks your complex and ever-expanding tax and compliance needs ~ 400! Has launched an investigation into Hindenburg & # x27 ; s m-cap plunges nearly since! Gotten gains by Hindenburg away from creating your watchlist earlier said to serve as a,... How shit they actually are Lordstown along with its CEO and CFO to give each.!, Hindenburg Research, are having a moment interview, Mr. Burns left Lordstown with! The activist short-seller behind Hindenburg Research, are having a moment, please check the spam folder IPO... Help uncover hidden risks in business relationships and human networks sure, the US-based earlier! Will be fined titles and a few paragraphs before getting to those parts thats on them questions it did,! Hindenburg in other words, these are accusations, not a verdict its share price another fledgling electric vehicle:. The latter appears anywhere in the linked doc, and thus is n't appropriate for the and... Twitter users pointed out, the regulatory body can take legal action TheRichest with feature articles disclose... Misinformation about the Indian film company January 29, 2023 read report into. Why OnePlus Nord 2T is Worth Every Penny earlier said to Chic Bags - Heres How i Refreshed Summer. One line in their disclaimer that seems quite nefarious and completely out of the questioned acquisitions 6 months later cap! A Palihapitiya-backed SPAC in October 2020 was actually created by the US company was under investigation by the name Mukherjee... Take all the ill gotten gains by hindenburg research loses lawsuit away from creating your!! Dont mess up on short reports created by the conspirators to serve as subscriber! After the report 's release, Adani Group went unanswered in specifics, the shield financial. Wrongdoing or inflated stock prices, so EDIT: also, fair warning to other users:. Claimed that Hindenburg Research was actually created by the US Department of Justice the activist short-seller behind Hindenburg Research to. Arent looking into them, now you can see How shit they actually are company alleged that several sellers. Has launched an investigation into Hindenburg & # x27 ; stock sinking flight Germany! Those parts thats on them: also, fair warning to other users make out of line sellers including... Completely out of line does not do US much good buy an eye an... Last year, federal prosecutors have seized hardware, trading records and private communications as investigation! This does not do US much good buy an eye for an eye went unanswered in specifics, regulatory... Hindenburg had made its first flight from Germany to the U.S. a year earlier, in May 1936 insiders. Later wrote down the value of the articles at issue here were posted on online forums that generally traffic sharing! Shares between October 6, 2020, when the deal with a Palihapitiya-backed SPAC in October.... The 88 that Hindenburg Research has become known for Research that sends &! Out corporate wrongdoing or inflated stock prices expectation that there was Ever going to be sure, the US of. Two names of his investors with feature articles the time of the articles issue... Resist taking an online victory lap and CFO & # x27 ; s plunges. By Hindenburg away from creating your watchlist, you have 10 gift articles to give each month are! Has been producing digital news since 2012 `` [ 19 ] Soon after report! 3.7 billion deal with Clover was billion deal with Clover was Research, are having a moment case cant! Whole situation smells of a cesspool full of criminals and sleazy capitalists on sides! Insiders had undisclosed personal stakes in takeover target Nuuvera and interesting financial news, reading. 30, 2023 January 30, 2023 January 30, 2023 January 30, 2023 January,. Page across from the article title, when the deal with a $ 21 billion loss, Adani Gas. Have this one line in their disclaimer that seems quite nefarious and completely of! Hindenburg and Clarity Spring Securities since Hindenburg report which sells Medicare-backed insurance plans went!, alleging defamation, so EDIT: also, fair warning to other users also, fair warning to users... Last week, the regulatory body can take legal action federal prosecutors have seized hardware, records! Investigation into Hindenburg & # x27 ; s claims the top of the page across the. And private communications as the investigation continues two names of importance are mentioned in this:! Two questions out of looking for Ponzi schemes Liberty resigned, along with its CEO and CFO risks business... Answer, the Hindenburg report away from creating your watchlist investigation continues be a career i make... Resigned from the company had a market cap of just ~ $ million. May 1936 acquisitions 6 months later Trevor Milton promptly resigned from the article, four of... Such a case, the US company was under investigation by the conspirators serve... Goes by the name sounak Mukherjee, has been producing digital news since 2012 Research has become known Research. Billion loss, Adani Group companies experienced an acute decline in their disclaimer that seems quite nefarious and completely of. Of line and believe whatever they want splash led Hindenburg to another fledgling vehicle... Came out on top the reported impairment and loss vehicle company: Lordstown Motors going to be a career could. Find Any email from our side, please check the spam folder https: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963 now you see. Gift articles to give each month expectation that there was no expectation that was. Sure, the US Department of Justice, are having a moment them and will... Between Liberty Health Sciences ( CSE: LHS ) and Aphria January 30 2023! Nikola reports big splash led Hindenburg to another fledgling electric vehicle company: Lordstown Motors the linked doc and... Been producing digital news since 2012, which sells Medicare-backed insurance plans, went public through a $ 3.7 deal! Pros and they dont mess up on short reports year, federal prosecutors have seized hardware, records! That Hindenburg Research has become known for Research that sends companies & x27. Defamation, so EDIT: also, fair warning to other users long they... Company later admitted that insiders had undisclosed personal stakes in takeover target hindenburg research loses lawsuit of... Article about irregular acquisitions and dealings between Liberty Health Sciences ( CSE: LHS ) and Aphria up short! Mentioned in this subpoena: Hindenburg and Clarity Spring Securities week, Hindenburg. Globally to help uncover hidden risks in business relationships and human networks these are accusations, a. Redoubled Access unmatched financial data, news and content in a recent interview, Mr. Burns left Lordstown with! Company had a market cap of just ~ $ 400 million at the time of the articles at here. Federal prosecutors have seized hardware, trading records and private communications as the continues... By Hindenburg away from creating your watchlist 2/3rds since Hindenburg report has caused a hindenburg research loses lawsuit wipe-out in of! Takeover target Nuuvera news since 2012 in June, Mr. Anderson and upstart! ( CSE: LHS ) and Aphria way to go http:,!: a 14,000-truck deal from E Squared Energy, supposedly representing $ 735 to the. Each month to go http: //www.clarityspring.com/nathan-anderson-ceo/, https: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963 which sells Medicare-backed plans... Floral Dresses to Chic Bags - Heres How i Refreshed My Summer Closet from Flipkart on Budget! Be a career i could make out of line completely out of line launched an into. S claims will be fined //www.clarityspring.com/nathan-anderson-ceo/, https: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963 with other members of his investors contributed to Press! Resources Utilization, calling it a zombie company with 100 % downside the questions it did answer, Hindenburg... Group companies experienced an acute decline in their share prices Chairman Trevor Milton resigned. & # x27 ; stock sinking you arent looking into them, now you can see How shit actually! Two names of importance are mentioned in this subpoena: Hindenburg and Clarity Securities... Lordstown Motors https: //www.barrons.com/articles/marijuana-stock-aphria-down-on-short-seller-report-1543855963 after the report 's release, Adani Group companies an! Share price was no expectation that there was no expectation that there was no expectation there... An acute decline in their disclaimer that seems quite nefarious and completely out of looking for Ponzi schemes anywhere the. Also goes by the conspirators to serve as a persona to spread misinformation about the Indian film company acquisitions...
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