- Hindenburg Research—the short seller whose investigations spawned fraud charges against 65 people, criminal indictments against 24 individuals, and foreign sanctions and fraud charges against 7 others—is disbanding.
One of Wall Street’s most feared short sellers, Hindenburg Research is winding down its operations after years of investigating accounting irregularities, undisclosed deals and conflicts of interest, and illegal and unethical business conduct. All told, Hindenburg’s published reports partly led to regulators accusing nearly 100 people of civil or criminal allegations.
