News > Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings
Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings
26/01/2023 10:21 PM | Click to read full article
US activist investor Hindenburg Research said it stands by its report that alleged "brazen" market manipulation and accounting fraud by the Adani group, saying it has a long list of documents it will demand in a legal discovery process. Hindenburg Research said on Twitter, "At the conclusion of our report, we asked 88 straightforward questions that we believe give the company a chance to be transparent. Thus far, Adani has answered none of these questions."