“SEBI vs. Hindenburg: Controversial Show-Cause Notice Ignites Debate”
Regarding its accusations against the Adani Group, Hindenburg Research has received a show-cause notice from the Securities and Exchange Board of India (SEBI). The Indian multinational was previously accused of illegal activities and manipulating share prices by the US-based short seller. In response, Hindenburg described the notification as an effort to frighten and suppress people…