Fairfax Financial Holdings denies Muddy Waters' allegations of $4.5B balance sheet overstatement.

Fairfax Financial Holdings Ltd. rejected allegations made by short-seller Muddy Waters Research, labeling them as "false and misleading." The company's response came after Muddy Waters accused Fairfax of manipulating asset values and potentially overstating its balance sheet by US$4.5 billion. Fairfax denied all allegations without exception and emphasized its commitment to integrity and strong financial standing.

February 12, 2024
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