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Short seller Andrew Left’s fraud trial was moved to September 2025 by Reuters

NEW YORK (Reuters) – Prominent activist short seller Andrew Left will go on trial in September 2025 on fraud charges after his lawyers and U.S. prosecutors agreed to dismiss the case.

Los Angeles federal judge Terry Hatter set Left’s trial for Sept. 30, 2025, in a court document filed Wednesday. The trial was originally scheduled for later this month.

In July, the Justice Department and the U.S. Securities and Exchange Commission accused Left of manipulating the market and defrauding investors with misleading claims about his positions in several stocks, including Nvidia ( NASDAQ: ) and Tesla (NASDAQ: ).

© Reuters. The US flag and the judge's gavel are seen in this illustration taken August 6, 2024. REUTERS/Dado Ruvic/Illustration

Left, who has pleaded not guilty, has for more than a decade been among the most prominent of a cohort of “short-term activists” who say they bet against public companies on the grounds that they are overvalued or engage in fraud.

Federal authorities said Left used his social media platform and cable news appearances to promote what he said were his long or short trades, only to quickly reverse his positions, making as much as 20 million dollars in the process.

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