Citron Research founder Andrew Left is scheduled to attend a sentencing hearing on August 31, 2026, with a theoretical maximum sentence of up to 265 years.
According to Odaily, the final sentence will be determined by the court based on the specific circumstances.
Prosecutors allege that Left frequently used short-dated options expiring within 0 to 5 trading days to bet on rapid stock price moves shortly after reports or posts were released. They also allege he placed limit orders in advance and exited at prices that were often far from the target prices Citron publicly promoted.
The stocks cited in the case include Nvidia, Tesla, Facebook, General Electric, Luckin Coffee, and others.
STOCKS | Citron Research Founder Andrew Left Sentencing Hearing Set for August 31, 2026
2026-06-18 05:33:57
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