Finance
Short-Seller Andrew Left Pleads Not Guilty to Fraud Charges
- Left’s trial date over fraud allegations set for September
- Magistrate judge imposes $1 million collateralized bond
This article is for subscribers only.
Famed short-seller Andrew Left pleaded not guilty to US charges that he committed fraud, setting the stage for a high-profile legal battle over his strategies.
Left on Monday made his first appearance in federal court in Los Angeles since being charged last week by the Justice Department. Prosecutors allege Left manipulated the market to benefit his trading and made false statements to investigators. If convicted, he could face decades behind bars.