(Reuters) – U.S. authorities filed criminal and civil charges against Andrew Left, a prominent face of the activist short-selling industry, alleging he had for years manipulated the market and defrauded investors with misleading claims about his trades.
The Securities and Exchange Commission and the U.S. Department of Justice focused on how Left publicly represented his positions in high-profile stocks versus how he was really trading them, alleging he exploited his influence to manipulate the shares and reap quick profits.
Left declined to comment when contacted by Reuters.
Here are the 23 companies that Left bet on, which the SEC listed in its complaint:
Company Year
Alibaba Group 2018
Snap 2018
AbbVie 2018
Cronos Group 2018
IGC Pharma, then called India 2018
Globalization Capital
Lifeist Wellness, then called Namaste 2018
Technologies
PolarityTE 2018
Tesla 2018
Nvidia 2018
Veeva Systems 2018
X, then called Twitter 2018
Meta then called Facebook 2018
Roku 2019
Beyond Meat 2019
Invitae 2019
General Electric 2019
Luckin Coffee 2020
Inovio Pharmaceuticals 2020
Novavax 2020
American Airlines 2020
Palantir 2020
Vuzix Corp 2020
Spruce Power, then called XL Fleet 2020
(Reporting by Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)
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