Anderson, who founded Hindenburg in 2017, explained in a post on the company’s website that the decision was prompted by the

Hindenburg Research, storied for its short-selling reports, is winding up its business. The firm, which gained traction for rattling the Adani Group in 2023, was pursuing probes against some of the biggest corporate moguls worldwide.

Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.

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 published reports against Indian conglomerate The short-seller accused Adani Group of using offshore tax havens improperly, which the company denied.

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,