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Fri, January 17, 2025

Who Is Nathan Anderson? The American Short Seller Who Shook India With Adani Allegations


Published on 2025-01-17 07:41:23 - MSN
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  • Nathan Anderson, founder of Hindenburg Research, announced the firm's disbanding on Wednesday, January 15, 2025. Known for impactful reports on the Adani Group and Nikola, Hindenburg gained prominence through its investigations.

Nathan Anderson, the founder of Hindenburg Research, has emerged as a significant figure in the financial world, particularly after his firm's report accused the Adani Group of stock manipulation and accounting fraud. Based in New York, Anderson, who has a background in international business from the University of Connecticut, started Hindenburg Research in 2017 with the aim of exposing corporate malfeasance. His strategy involves short selling, where he bets against companies he believes are overvalued or fraudulent. The report on Adani Group, released in January 2023, led to a massive sell-off, wiping out over $100 billion from the conglomerate's market value. Anderson's approach has drawn both criticism and praise; while some view him as a financial vigilante, others see his methods as controversial, especially given the significant market disruptions his reports can cause. His work has not only impacted Adani but has also targeted other high-profile companies globally, making him a notable figure in financial journalism and market regulation discussions.

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