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Roula Khalaf, Editor of the FT, selects her favorite stories for this weekly newsletter.
Activist short trader Nathan Anderson, famous for his campaigns against Adani Group, Super Micro and Nikola, is closing his firm Hindenburg Research seven years after he founded it.
“The plan was to end after we finished the pipeline of ideas we were working on,” Anderson he wrote in a statement. He described the work as “intense, and at times, all-encompassing”.
at Hindenburg The investigation has led to fraud allegations and lawsuits against dozens of people, according to its website, but it has also led to costly legal battles. Even as the company pursued ambitious goals, it remained small with 11 employees.
This is a growing story. . .