The U.S. Department of Justice is targeting dozens of prominent short-selling investment and research firms in a sweeping federal investigation that has gone on since last year, according to several reports, with prosecutors probing potentially illegal trading tactics. See more Short-sellers have rarely been a popular group of investors on Wall Street. Especially during the meme-stock mania of early 2024, the likes of Plotkin’s Melvin Capital were among … See more The DOJ has yet to accuse any individuals or firms of wrongdoing, and opening a probe doesn’t necessarily mean anyone will face charges. See more “It’s very tough to defend yourself when you haven’t been accused of anything,” Left toldBloomberg earlier this month. “I’m cooperating and I have full faith in the system and the First … See more WebFeb 8, 2024 · The investigation is meant to probe relationships between hedge funds and money managers, who profit from short sales, and research firms, whose reports trigger the downward price movement in a...
BREAKING: Citadel Under Investigation by Department of Justice
WebDec 31, 2024 · The Department of Justice is reportedly investigating the relationship between research firms that publish short reports and the hedge funds that short the companies in those reports. However ... craig briess chilton wisconsin
DOJ investigates Wall Street short sellers – The Ticker
WebDec 10, 2024 · Dec 10 (Reuters) - The U.S. Department of Justice (DoJ) has launched an expansive criminal investigation into short selling by hedge funds and research firms, Bloomberg News reported on... WebFeb 4, 2024 · The Justice Department is collecting information on dozens of investment firms and researchers involved in short selling, Bloomberg reported Friday. The … WebFeb 25, 2024 · The DOJ is specifically investigating whether short sellers conspired together to drive down prices by releasing reports ahead of time. Prominent short sellers that the DOJ is investigating are Andrew Left and Carson Block, who both have received search warrants. craig briess innovations