Short-Seller Andrew Left Charged With Fraud! скачать в хорошем качестве

Short-Seller Andrew Left Charged With Fraud!

Grow your business with my sponsor Nextiva. Use my personal link https://trynextiva.com/patrickboyle to get up to 50% off your plan. The activist short seller Andrew Left surrendered to authorities in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said. Both the SEC and a federal grand jury in the Central District of California brought charges against Andrew Left a prominent activist short seller with multiple counts of securities fraud for a long-running market manipulation scheme reaping profits of at least $20 million. As alleged in the indictment, Left commented on publicly traded companies, asserting that the market incorrectly valued a company’s stock and advocating that the current price was too high or too low. Left’s recommendations often included an explicit or implicit representation about Citron’s trading position—which the regulators claim created the false pretense that Left’s economic incentives aligned with his public recommendation—and a “target price,” which Left represented as his valuation of the company’s stock. Left is accused of working with hedge funds to short and distort stock prices. Andrew Left became well known in 2021 as one of the hedge funds short GameStop stock. Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Ways To Support The Channel Patreon:   / patrickboyleonfinance   Buy Me a Coffee: https://www.buymeacoffee.com/patrickb... Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here:   / patrickeboyle   Business Inquiries ➡️ [email protected] Useful Links: Christopher Bloomstran Tweet https://x.com/ChrisBloomstran/status/... Matt Levine Article: https://www.bloomberg.com/opinion/art... John Hempton Substack: https://johnhempton.substack.com/p/so... FT Marc Cohodes: https://www.ft.com/content/01b765c2-8... PAPERS Massa Zhang & Zhang Paper: https://papers.ssrn.com/sol3/papers.c... Short & Distort Paper: https://scholarship.law.columbia.edu/... Complaints SEC Complaint: https://www.sec.gov/newsroom/press-re... Department of Justice Indictment: https://www.justice.gov/opa/pr/activi... Patrick Boyle On Finance Podcast: Spotify: https://open.spotify.com/show/7uhrWlD... Apple: https://podcasts.apple.com/us/podcast... Google Podcasts: https://tinyurl.com/62862nve Join this channel to support making this content:    / @pboyle