Andrew Left faces 20 years in prison — but having a correct opinion about a stock shouldn’t be a crime
Andrew Left, a prominent short seller, was convicted of securities fraud and faces a potential 20-year prison sentence. Prosecutors argued that he manipulated stock prices through his research and social media influence. The case raises questions about the legality of short selling and the perception of such practices in the financial industry.
- ▪Andrew Left was convicted of 13 counts of securities fraud in a Los Angeles federal court.
- ▪Prosecutors claimed he manipulated stock prices by circulating his research on social media.
- ▪Left faces a sentence of up to 20 years in prison, with sentencing scheduled for August.
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Charles Gasparino Opinion Andrew Left faces 20 years in prison — but having a correct opinion about a stock shouldn’t be a crime By Charles Gasparino Published June 6, 2026, 10:41 p.m. ET REUTERS See more of our coverage in your search results. Add The New York Post on Google This past Tuesday afternoon, I rang up Andrew Left, the high-profile short seller long known for meticulously documenting allegations of alleged corporate malfeasance and placing bets against companies like Valeant Pharmaceuticals, Shopify and Chinese real estate giant Evergrande. “Hey Charlie, I’m at the airport,” Left said as he picked up. “I’m sitting down, having a vodka.” Given what had transpired just hours earlier, it wasn’t hard to understand the sitting-down-having-a-vodka part.
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