The founder of the muckraking financial research firm Hindenburg Research says he is disbanding the organization after finishing the work it set out to do ...
5. Lordstown Motors (US) Hindenburg accused the electric vehicle maker of fabricating pre-order numbers for its trucks to inflate its market appeal. It also alleged that the company was far from ...
Hindenburg's reports revealed major corporate issues, including Adani's $100 billion market loss and other industry investigations. The firm has now announced its closure ...
While Hindenburg Research uncovered frauds in several cases, and in many of them, the firms involved paid penalties, their ad ...
Hindenburg also developed a reputation for taking on some of the hottest electric vehicle startups. Hindenburg targeted hydrogen electric vehicle startup Nikola in a 2020 report, shortly after ...
One of Hindenburg's first high-profile reports came in 2020 and was focused on vehicle startup Nikola. The firm has also gone after the companies of major financial figures, including Carl Icahn's ...
and Carl Icahn's publicly traded investment vehicle (IEP), causing their stocks to plunge. Adani Group responded to Hindenburg's report by saying its claims were untrue. Icahn Enterprises ...
Hindenburg's short of U.S.-based electric truck maker Nikola in September 2020 is one of its best-known short bets. The firm alleged Nikola and its founder, Trevor Milton, were misleading investors ...
Hindenburg was named after the high-profile ... showing its electric truck cruising at high speed, when in fact the vehicle was rolled down a hill. A U.S. jury convicted Nikola's founder Trevor ...
Hindenburg accused the Indian conglomerate ... were misleading investors about its battery technology and vehicle design. One statement challenged a Nikola promotional video which showed its ...