Hindenburg Denies SEC Investigation

Toronto/New Delhi: US short-seller Hindenburg Research said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies.

“Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false,” the firm said after a Canadian portal cited documents filed before a court in Ontario to allege that its founder Nate Anderson was under cloud for alleged links with hedge funds.

Citing a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the Market Frauds portal said the head of Canada’s Anson hedge fund, Moez Kassam admitted his firm has shared research “with a wide variety of sources” including Hindenburg’s Nate Anderson.