Sunday, April 26, 2020 7:52:23 AM
Some of the companies affected have been the targets of short-selling reports alleging fraudulent claims relating to the virus, that address misdeeds conducted by executives at other companies.
Predictive Technology Group Inc. and SCWorx Corp., for example, have both been the subjects of reports by Hindenburg Research (https://hindenburgresearch.com/)that alleged that certain executives had been embroiled in securities fraud suits in the past. Nathan Anderson, partner at Hindenburg, commended the SEC on Wednesday for its action.
Does the SEC realize Hindenburg is selling stock short and isn't that a conflict of interest for Hindenburg to be able to deal directly with SEC in my opinion. if hindenburg knew what SEC was going to do is that inside information or not? when did Hindenbrg learn SEC was taking these steps? Just questions in my mind. Not making allegations, but no one has raised these questions
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