Short seller Andrew Left convicted of securities fraud in California
المصدر: الغارديان - اقتصاد | Source: الغارديان - اقتصادFederal jury convicts the securities analyst and trader, who could face a maximum penalty of 25 years in prison
A federal jury in California has convicted short seller Andrew Left of securities fraud.
Left, who was a securities analyst, trader and guest commentator on television channels including CNBC and Fox Business, was charged in July 2024 with one count of engaging in a securities fraud scheme, 17 counts of securities fraud and one count of making false statements to federal investigators. As a short seller, Left would make money betting that stocks would fall.
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