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Benzinga
Benzinga
Business
Rishabh Mishra

Activist Short Seller NINGI Says Marex Group Uses Off Balance Sheet Funds To Inflate Results, Calls It 'House Of Cards' Built On Fake Profits

Marex X Marex Group Lehman Brothers London
Market Impact Widens

Activist short seller NINGI Research has released a report on Marex Group PLC (NASDAQ:MRX), a London-based financial services company, alleging it is "a financial house of cards built on a multi-year scheme of accounting manipulation, intercompany transactions, and fake profits."

Check out MRX’s stock price over here.

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