about eight years old Nate Anderson, who has announced the closure of his research-investment company Hindenburg Research, is under scanner for his alleged links with ‘hedge funds’ in preparing reports targeting the companies. A Canadian portal gave this information citing documents filed in an Ontario court. A hedge fund is an entity that receives money from large investors and invests in various items, including securities, to earn profits. In a trove of documents filed in the Ontario Superior Court of Justice in a complex defamation lawsuit, Moez Kassam, the head of Canada’s Anson ‘hedge fund’, said his company had shared research ‘with a variety of sources’ including Hindenburg’s Nate Anderson. Let us tell you that Hindenburg had made headlines all over the world by accusing Adani Group.
accused of fraud
Portal ‘Market Fraud’ said court documents allegedly showed that Hindenburg had colluded with Anson while preparing the report. Preparing recession reports without disclosure of participation can lead to charges of securities fraud by the U.S. Securities and Exchange Commission (SEC). Where investment companies borrow securities and sell them on the open market, hoping to buy them back for less after the shares have fallen due to their negative reports against the company, the involvement of ‘hedge funds’ raises suspicions. This is because they may also be making parallel bets, which could put further downward pressure on share prices.
There was no reply to the email either.
However, Anson and Kassam could not immediately be reached, and an email to Anderson remained unanswered. The website claimed, “From email conversations between Andersen and Anson Funds we know for a fact that he was actually working for Anson and published everything they told him, from target prices to reports.” What should happen and what should not happen. He asked them several times if they wanted ‘more’. What we can see in dozens of stock exchanges shows that he never had editorial control. He was being told what to publish.”
Also shared screenshots of dialogues
Market Frauds has also shared screenshots of some email communications between Hindenburg and Anson in support of its allegations, which it claims it obtained through documents available in an Ontario court. “There are multiple securities fraud cases against both Anson Funds and Nate Anderson, and at the time of writing we have only investigated five percent of the cases,” it said. “From what we have read so far, it is almost certain that Nate Anderson will be charged with securities fraud in 2025 when the entire transaction between Hindenburg and Anson reaches the SEC.”
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