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U.S. jury finds investor Andrew Left guilty of securities fraud
A U.S. jury found prominent investor Andrew Left guilty of securities fraud on Monday, the Justice Department said, in a blow to a divisive cohort of short sellers who have for years goaded public companies in the U.S. and overseas with allegations of fraud and mismanagement. U.S. authorities charged Left in July 2024, alleging he had manipulated the stock market and defrauded investors with misleading claims about his positions in multiple companies’ shares, including Nvidia and Tesla , making at least $20 million in the process. Left, who runs Citron Research, denied the allegations and had pleaded not guilty. ... (full story)
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