Hindenburg shutdown: Why did short-seller Nate Anderson announce to disband US-based firm? | Company Business News

Hindenburg Research founder Nate Anderson on Wednesday announced disbanding his US investment research firm. The company created international waves in 2023 after publishing a report accusing Adani Group of “pulling the largest con in corporate history”

The announcement has come as a surprise as the short-seller was on its path to complete its investigation against some of the biggest corporate moguls across world. Then what went wrong? Was it a threat from some one? Health issue? Or another personal issue? Let’s understand here.

Why is Hindenburg shutting down?

Founder Nate Anderson in his message, said that the decision to shut down the company was made long back. But the team was winding up the ideas in pipeline.

“The plan has been to wind up after we finished the pipeline of ideas we were working on. And as of the last Ponzi cases we just completed and are sharing with regulators, that day is today,” said Anderson.