Nate Anderson’s Hindenburg Research, known for its impactful short-selling reports, will shut down. The firm gained notoriety for allegations against the Adani Group, which include stock manipulation and accounting fraud.

Activist short seller Nathan Anderson, famous for his campaigns against Adani Group, Super Micro and Nikola, is shutting down his firm Hindenburg Research seven years after he founded it. “The plan has been to wind up after we finished the pipeline of ideas we were working on,

Hindenburg Research, the firm that wiped over $100 billion off the Adani Group's market value in 2023, has announced its closure. The announcement came as a surprise, as the short-seller was pursuing probes against some of the biggest corporate moguls worldwide.

Hindenburg Research, the short-selling firm renowned for exposing financial misconduct among corporate giants, is shutting down. Founder Nate Anderson announced the decision in a heartfelt blog post on the firm’s website,

Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down.

Nathan Anderson announced the disbandment of Hindenburg Research, sharing his journey and the team's impact on financial investigations. He aims to open-source their methods while ensuring team members transition to new opportunities,