Legal
Andrew Left Case Spooks Short Sellers to Add Research Warnings
- New language represents industry reaction to July indictment
- Hindenburg, Kerrisdale revise disclaimers in reports this week
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Short sellers are beefing up disclaimers in their research reports in the clearest signal yet that last month’s criminal charges against Andrew Left are reverberating through the industry.
Hindenburg Research and Kerrisdale Capital both upped warnings in reports this week in the wake of the charges against Left, who is accused of misleading investors by making quick trades after issuing his investment recommendations.