Key Facts

• Andrew Left was convicted of one count of participating in a securities fraud scheme and 12 counts of securities fraud.
• He was charged with making false statements to federal investigators and running a scheme to manipulate stock prices.
• Left made money by short selling, which means betting that stock prices would fall.
• He operated under the name Citron Research, publishing investment advice that influenced stock prices.
• The prosecution said Left used exaggerated headlines and social media posts to move stock prices for his own gain.
• Before publishing his research, Left took positions in stocks to profit from the price changes caused by his reports.
• The Justice Department said his actions harmed regular investors by manipulating the market unfairly.
• Left disagreed with the conviction and said he will continue to fight, claiming it affects free speech.