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Short-Seller Andrew Left Found Guilty In High-Profile Market Manipulation Jury Trial
Short-Seller Andrew Left Found Guilty In High-Profile Market Manipulation Jury Trial
Andrew Left, the founder of Citron Research and a well-known figure in the short-selling community, was convicted on 13 of 17 counts following a three-week federal trial in Los Angeles, according to Bloomberg.
Prosecutors alleged that between 2018 and 2023, Left used public stock recommendations and social media posts to influence market prices while privately trading in ways that contradicted his public statements. Authorities estimate the scheme generated more than $20 million in profits.
Patrick Grandy, Assistant Director in Charge of...
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