Substantial evidence has begun to emerge against the controversial short-seller Hindenburg Research and its founder Nathan Anderson in a court battle in Ontario, Canada, exposing Hindenburg’s secret ties, and potential securities fraud and faulty disclosures made by the firm and the founder, according to media reports.
“There are multiple counts of securities fraud for both Nate Anderson and Anson Funds, and we have only reviewed 5 per cent of the material as of the time of writing,” said a report by Market Frauds, a Canadian online investigative news outlet.
“It is almost certain that when the entire exchange between Hindenburg and Anson reaches the SEC, Nate Anderson will be charged with securities fraud in 2025,” the report states.
Hindenburg’s decision to abruptly close down operations has taken many by surprise, particularly due to its timing — just three days before Donald Trump’s inauguration.
In November 2024, Bloomberg’s Crack Research team published …