After completing its latest projects and sharing them with regulators, Hindenburg Research, the renowned financial analysis and investigative firm founded by Nate Anderson, is announcing its disbandment.
Nate Anderson stated, “The plan has always been to wind up after finishing the pipeline of ideas we were working on. With the completion of our recent Ponzi cases and sharing them with regulators, that day has arrived.”
Notably, the firm’s work has resulted in nearly 100 individuals facing civil or criminal charges from regulators, affecting billionaires and oligarchs globally.
Hindenburg Research has previously raised concerns about various major companies, such as Super Micro Computer Inc (NASDAQ) and India’s Adani Enterprises Ltd (NS).
In early 2023, Hindenburg Research released a damning report accusing the Adani Group of engaging in “brazen” stock manipulation and accounting fraud.
Explaining the decision to disband, Anderson mentioned, “So, why disband now? There is not one specific thing—no particular threat, no health issue, and no big personal issue.”
Looking ahead, Anderson plans to create materials and videos over the next six months to open-source their investigative model and techniques.