On June 2, a Los Angeles jury convicted Andrew Left, founder of Citron Research, on 13 out of 17 counts related to securities fraud and market manipulation. Prosecutors alleged that Left generated over $20 million in profits by trading contrary to his public recommendations between 2018 and 2023.
Short-seller Andrew Left has been convicted of securities fraud for using social media platforms to manipulate stock prices for personal profit.
Read the full storyA Los Angeles jury convicted Citron Research founder Andrew Left on 13 counts of securities fraud for profiting from trades that contradicted his public research.
Major tech firms including Intuit and Sportradar face legal action over fraud allegations and investor misrepresentation following market value drops of up to 31%.