A federal jury in California convicted short seller Andrew Left of securities fraud. Left, who operated as Citron Research, was found guilty of participating in a securities fraud scheme and 12 counts of securities fraud. He faces up to 25 years in prison.
Short seller Andrew Left has been convicted of securities fraud by a federal grand jury in California. He faces up to 25 years in prison for a scheme involving manipulating stock prices through Citron Research.
A US jury has convicted prominent investor Andrew Left of securities fraud. Left, who runs Citron Research, was found guilty of participating in a financial fraud scheme and 12 counts related to specific business deals. He faces a maximum sentence of 25 years in federal prison.
US prosecutors have asked a judge to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who was accused of bribing officials for a major solar project. Adani's legal team consented to the dismissal, which still requires judicial approval.
