SoFi Responds to Inaccurate Short Seller Report
SoFi denies Muddy Waters’ claims of accounting fraud and unrecorded $312 million liabilities, citing strong regulatory oversight; CEO bought $500,000 in shares to show confidence.
9 Articles
9 Articles
SoFi Fires Back, Threatens Legal Action Against Short Seller as CEO Buys Stock
Quick Read SoFi Technologies (SOFI) faced allegations from Muddy Waters Research of accounting manipulation, including allegedly understated loan losses and $312 million in unrecorded liabilities that inflate adjusted EBITDA by roughly 90%, though the company dismissed the claims as factually inaccurate and threatened legal action. CEO Anthony Noto purchased approximately $500,000 of stock at $17.32 per share following the report’s release. M…
SoFi Slams Muddy Waters Report As 'Misleading,' Weighs Legal Action - SoFi Technologies (NASDAQ:SOFI)
SoFi rejects Muddy Waters' report as "misleading" and may pursue legal action. Claims made about loan charge-off rates are "factually inaccurate."
SoFi Responds to Inaccurate Short Seller Report
SAN FRANCISCO--(BUSINESS WIRE)--Mar 17, 2026-
SoFi Technologies (NASDAQ:SOFI) CEO Anthony Noto Purchases 28,900 Shares
SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) CEO Anthony Noto bought 28,900 shares of SoFi Technologies stock in a transaction that occurred on Tuesday, March 17th. The shares were acquired at an average price of $17.32 per share, with a total value of $500,548.00. Following the acquisition, the chief executive officer directly owned 11,704,352 shares of the company's stock, valued at $202,719,376.64. The trade was a 0.25% increase in…
SoFi Stock Falls After Muddy Waters Short Report as CEO Anthony Noto Buys More Shares
SoFi Technologies shares fell 1.3% Tuesday after Muddy Waters Research disclosed a short position and accused the company of misstating debt and profit. CEO Anthony Noto bought about $500,000 of stock after hours, briefly lifting the price. Muddy Waters claimed SoFi had $312 million in unrecorded debt and overstated 2025 EBITDA by $950 million. SoFi reported lower charge-off rates and $1.05 billion in 2023 adjusted EBITDA. The post SoFi Stock Fa…
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