Andrew Left, founder of Citron Research, was accused of securities fraud, making $16 million from making fraudulent stock recommendations. 😱
- SEC accused Left of using social media and TV to make recommendations contrary to the company's trading activities.
- From 2018-2023, Left made 26 transactions from 23 large companies such as Nvidia, American Airlines, Alibaba, Meta, and X.
- DOJ also announced a criminal case against Left, which could cause him to face 25 years in prison if convicted.
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