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    <title>Hindenburg&#039;s Nate Anderson says stands by Adani report, closure not due to any threat</title>
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    <description>Hindenburg&#039;s founder announced closure of the firm while standing by its forensic reports alleging corporate misconduct, rejecting that the decision stemmed from threats or investigations. He stressed the firm&#039;s methodology of following red flags, maintained editorial independence, and described the short-selling business model of investing its own capital or partnering on balance sheets with disclosures in its reports. The statement noted regulatory interactions-denying SEC investigation and acknowledging that Indian market regulator inquiries predated Hindenburg&#039;s Adani report-and framed the firm&#039;s role as exposing matters for regulatory scrutiny.</description>
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