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This Car Site Offers Top Dollar to Sellers. Its Stock Is a Wall Street Favorite. -- Barrons.com
Founder of Citron, Andrew Left, does not plead guilty and defends his short-selling behavior.
Andrew Left, the founder of well-known short-selling institution Citron, did not plead guilty to the charges of fraud by the United States through stock trading, social media posts, and research reports. Since being sued by the US Department of Justice last week, he appeared in a federal court in Los Angeles for the first time on Monday. The prosecution accused Left of market manipulation to benefit his trades and made false statements to investigators. If convicted, he could face decades of imprisonment.
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