Bloomberg states.This month, Anderson went after Ernie Garcia III’s Carvana Co., accusing him and his father, Ernie Garcia II, of an “accounting grift for the ages." The auto retailer promptly dismissed Hindenburg’s arguments as “intentionally misleading and inaccurate."As I’ve shared with family, friends, and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finish the pipeline of ideas we were working on.
As of the last Ponzi cases we just completed and are sharing with regulators, that day is today.I write this from a place of joy. Building this has been a life’s dream.I did not know at the outset if it would be possible to find a fulfilling path.
This wasn’t an easy option, but I was naïve to the danger and felt drawn to it magnetically. Read more hereHindenburg Research's founder said he would disband the firm whose reports sparked heavy short-selling by investors and investigations by authorities, wiping billions from the market values of companies including India's Adani Group and U.S.-based Nikola.
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