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The Latest Breaking News from Hindenburg

Fraud claims wipe $45 bn off India's Adani Group stocks

Mumbai (AFP) - Shares in the business empire of Asia's richest man Gautam Adani nosedived Friday, extending this week's losses to $45 billion, days after a US investment firm claimed it had committed "brazen" corporate fraud.

AFP

Gautam Adani: the Indian tycoon weathering stock market panic

Mumbai (AFP) - Indian industrialist Gautam Adani was until this week Asia's richest man, with a business empire spanning coal, airports, cement and media but now he has been rocked by corporate fraud allegations and a stock crash.

AFP

Fraud claims wipe $45 bn off India's Adani group stocks

AFP

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Shares in India's Adani plunge 15% after fraud claims

Mumbai (AFP) - Trading in the business empire of Asia's richest man Gautam Adani was halted Friday following a 15 percent plunge in its share price, days after a US investment firm claimed it had committed "brazen" corporate fraud.

AFP

Adani Group mulls suing US short-seller for fraud claims

India’s Adani Group has launched a share offering for retail investors and says it is considering legal action against U.S.-based short-selling firm Hindenburg Research for allegations of stock market manipulation and accounting fraud that caused heavy selling of its stocks this week

The Independent UK

Shares in India's Adani fall again after fraud claims

Mumbai (AFP) - Shares in the business empire of Asia's richest man Gautam Adani sank again Friday after the conglomerate slammed a US investment firm that claimed it had committed "brazen" corporate fraud.

AFP

Hindenburg shorts India’s Adani citing debt, accounting concerns

Concerns raised by the US-based short-seller sent shares of Adani Group’s listed firms tumbling, eroding $11bn.

Al Jazeera

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Adani Group firms lose $9bn in value amid short-seller claims

Hindenburg Research says world’s third-richest person, Gautam Adani, is pulling ‘largest con in corporate history’

The Guardian - UK

One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud

Shares of Adani Group companies plummeted after its founder was accused of “pulling the largest con in corporate history.”

Fortune

India's Adani Group shares plunge, hit by short-seller

India's Adani Group has protested allegations by short-selling firm Hindenburg Research that caused shares in its companies to plunge by as much as 8%

The Independent UK

Adani stocks fall in India on fraud, stock manipulation claims

Mumbai (AFP) - Asia's richest man Gautam Adani saw his net worth drop six billion dollars on Wednesday after a US investment firm accused him of "brazen stock manipulation and accounting fraud".

AFP

Short Seller Hindenburg Research Reverses Course, Backs Twitter In Fight Against Musk

In just over two months, short seller Hindenburg Research has pulled a 180 and changed its thesis on social media platform Twitter Inc (NYSE: TWTR) in the battle against Tesla Inc (NASDAQ: TSLA) CEO<

Benzinga

'Murder-For-Hire Conspiracy': Why Enochian Biosciences Stock Is Plunging

Enochian Biosciences Inc (NASDAQ: ENOB) shares are trading lower Wednesday after Hindenburg Research issued a bearish report on the company.

Benzinga

Twitter Stock Extends Slide As Elon Musk Reveals Spat With Legal Team, Adding to Takeover Doubts

"Twitter legal just called to complain that I violated their (non-disclosure agreement)," Musk Tweeted Saturday.

The Street

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Asharq Al-Awsat

Musk’s $44-Bln Twitter Deal at Risk of Being Repriced Lower - Hindenburg

Short-seller Hindenburg Research warned on Monday that Elon Musk's $44-billion offer to take Twitter Inc private could get repriced lower if the Silicon Valley billionaire walked away from the deal. "Musk holds all the cards here," Hindenburg, which has a short position on Twitter, said in a report. "If Elon…

Benzinga

Retail Favorite Mullen Automotive Pulls Back After Short Seller Calls Out Company As 'Worst EV Hustle'

Mullen Automotive, Inc. (NASDAQ: MULN) shares pulled back sharply early Wednesday after short seller Hindenburg Research accused the company of being a phony EV play.

Benzinga

What's Going On With Mullen Automotive Shares Today?

Mullen Automotive Inc (NASDAQ: MULN) shares are trading lower Wednesday after Hindenburg Research issued a short report on the stock. Hindenburg suggests that Mullen will be unable to follow through on several "grand promises" the company has made.

Benzinga

3 Reasons Why This Natera Analyst Says The Selloff Is Overdone

Natera Inc (NASDAQ: NTRA) analyst Kyle Mikson of Canaccord Genuity Capital reiterated a Buy rating Wednesday on the genetic testing company following a Hindenburg Research short

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