Nathan Anderson defends his firm's critical report on Adani Group, clarifying closure is due to personal reasons, not legal pressure.

Nathan Anderson, founder of Hindenburg Research, stands by his firm's critical report on the Adani Group, which accused the conglomerate of inflating revenue and manipulating stock prices. The report initially caused a significant drop in Adani's market value but was later recovered. Anderson clarified that he is closing Hindenburg due to personal reasons, not legal threats, and denied claims of conspiracy or involvement with hedge funds. The Adani Group has consistently denied the allegations.

1 month ago
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