Citron Research founder pleads not guilty to securities fraud charges

Odaily News Andrew Left, founder of short-selling financial research firm Citron Research, pleaded not guilty to several securities fraud charges against him on July 26. Left attended a 40-minute hearing at a federal court in Los Angeles, where Judge Rozella Oliver required him to pay $4 million in unsecured bonds and $1 million in collateralized bonds. The trial date for Left is scheduled for September 24. (Cointelegraph) Earlier, the U.S. SEC and the Department of Justice filed charges against Andrew Left on July 26, alleging that he misled retail investors through "bait-style" stock recommendations and made a profit of $16 million.