NDTV: Biggest proof of fixed match? Hindenburg show-caused over Adani report

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NDTV reports:

US short-seller Hindenburg Research, whose report critical of the Adani Group led to a massive stock rout last year, had shared an advanced copy with a client two months before publishing it, said the Indian markets regulator. This “collusion” led to “unfair” profits from a deal to share spoils from stock price movements, the Security Exchange Board of India (SEBI) said in a 46-page show cause notice to Hindenburg.

The notice details how New York-based hedge fund manager Mark Kingdon ...