GameStop Short-Seller – Citron Research’s Andrew Left – Jointly Indicted By The SEC And DOJ For A “Multi-Year Scheme To Defraud Followers”

Citron Research's Andrew Left rose to prominence during the original meme stock mania of 2021 when he doggedly maintained a short position in GameStop even as thousands of retail traders banded together to pump the stock's price to the proverbial stratosphere, forcing Left and a number of hedge funds to close their short positions at a steep loss. Fast forward to 2024: Left has now been indicted for improperly profiting off his short recommendations to retail traders. To wit, a California Grand Jury has now indicted Citron Research's Andrew Left for "engaging in a $20 million multi-year scheme to defraud […]

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