Hindenburg Research, a prominent U.S.-based investment research firm, has established a name for itself through a series of impactful and often controversial investigative reports. The firm, founded by Nate Anderson in 2017, gained notoriety for exposing corporate malfeasance, fraud, and financial mismanagement in publicly traded companies.In a statement announcing the closure of Hindenburg, Anderson said, “We shook some empires that we felt needed shaking.”
Also Read: Hindenburg Research, whose reports wiped billions off Gautam Adani’s wealth, shuts down
On January 24, 2023, Hindenburg Research published a report accusing the Adani Group of fraud and manipulating stock prices. Last year, Hindenburg accused SEBI Chairperson Madhabi…
