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Founder of muckraking market information group Hindenburg Research calls it quits

  • Hindenburg Research, known for exposing corporate fraud, is disbanding after completing its planned projects, according to founder Nathan Anderson.
  • Adani Group stocks rose over 5% after Hindenburg Research shut down, following allegations of fraud and manipulation against the company.
  • The Supreme Court of India found no evidence of manipulation in Adani companies after Hindenburg's accusations led to significant stock losses.
  • Anderson expressed a desire to reconnect with family and friends, stating the intense work affected his personal life.
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braziljournal.com broke the news in on Wednesday, January 15, 2025.
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