Who is Nathan Anderson? The man behind the Hindenburg Report that shook the Adani Group || Nathan Anderson v/s Adani

Who is Nathan Anderson? The man behind the Hindenburg Report that shook the Adani Group

Nathan Anderson, a man with a talent for uncovering corporate fraud, rises to prominence after a showdown with a wealthy business empire.

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Nathan Anderson founded Hindenburg Research in 2017 as a financial research firm investigating equity, credit, and derivatives.

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The firm invests its own capital and aims to uncover “man-made disasters” such as accounting irregularities, mismanagement and undisclosed related-party transactions.

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Hindenburg Research investigates companies, takes short positions and aims to profit by exposing wrongdoings. It was named after the 1937 Hindenburg airship disaster.

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Hindenburg is famous for its bet against Nikola Corp in 2020, resulting in a significant win, though the amount was not disclosed.

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Hindenburg has exposed potential issues in 16 companies since 2017, according to its website.

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Hindenburg accuses Adani of accounting fraud, stock manipulation, and money laundering with government and international company support in a recent report.

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Adani and Hindenburg have been exchanging statements against each other since Hindenburg’s report was released last week.

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