Business Insider
US · 2 hrs ago
✦ 75◉ Centre
Firefighter testifies he lost most of $110K in retirement savings after investing in companies criticized by Andrew Left
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Credibility 75/100
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◉ Centre ✓ Fair headline
A retired firefighter testified at Andrew Left's securities fraud trial that he lost most of his retirement savings after investing in stocks that Left, a prominent short-seller, had publicly targeted. The trial centers on whether Left manipulated markets through his opinions or merely shared honest investment analysis.
Firefighter testifies he lost most of $110K in retirement savings after investing in companies criticized by Andrew Left
Retail investors testified at the securities fraud trial of Andrew Left, pictured right, in Los Angeles.
Bloomberg/Getty Images
Andrew Left, a prominent short-seller, is on trial in Los Angeles for alleged securities fraud.
A retired firefighter testified he lost most of his 401(k) after investing in stocks Left targeted.
Left is accused of manipulating the market, but his defense says he shared his honest opinions.
Federal prosecutors called a witness in the Andrew Left securities fraud trial
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