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Hedge Fund

Short-seller Left guilty of securities fraud

hedgeweek

2 months ago

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Prominent short seller Andrew Left has been found guilty of securities fraud charges in a closely watched US case that many market participants believe could reshape the legal and regulatory landscape for activist short selling, according to a report by Bloomberg.
A federal jury in Los Angeles convicted the founder of Citron Research on multiple counts related to allegations that he used public market commentary to influence stock prices while trading around those statements for personal gain. T...

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