Swiss banking software firm Temenos refutes Hindenburg Research claims, independent investigation finds allegations "inaccurate and misleading."
Swiss banking software firm Temenos refutes claims by short seller Hindenburg Research, stating an independent investigation found the allegations to be "inaccurate and misleading." The investigation found that Temenos runs a sound business with robust financial controls and strong governance oversight, with no impact on its previously published annual financial statements. Temenos' stock jumped by 17% after the announcement.
April 15, 2024
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