The now-shuttered Hindenburg Research, led by Nate Anderson, was involved in “securities fraud” along with Canada’s Anson Fund, according to a published report. market fraud Portal.
Publisher claimed They said they had access to documents filed in an Ontario court where Anson is facing a defamation lawsuit. The document purportedly revealed that Hindenburg colluded with Anson while preparing the report.
Producing a bearish report without disclosing participation status may result in a security violation by the U.S. Securities and Exchange Commission under Sections 17(a) and 17(b) of the Securities Act of 1933 and Section 10(b) of the Exchange Act. You could be accused of fraud. 1934, market fraud Said.
This comes nearly a month after Bloomberg reported that Moez Kassam, head of Anson Hedge Fund, shared his research with “various sources” in a deposition.
The news agency said Kassam believed he shared his research with some of the top short sellers, including Hindenburg’s Nate Anderson.
Hindenburg responded to the Bloomberg report published on December 12, saying that while he receives “hundreds of pieces of information each year from a variety of sources,” he remains independent in publishing the report. He said there was.
“We rigorously vet each lead and have always maintained complete editorial independence regarding our work,” the company said.
