Jim Chanos, a renowned short seller known for his role in Enron’s downfall, has been sued by his partner, Conlon Holdings, who alleges that Chanos embezzled company funds. The lawsuit claims that Chanos misused the funds for personal gain and to enrich his girlfriend. Conlon Holdings asserts that Chanos owes them $10 million. Chanos, who had to close his hedge fund last year due to significant losses, has dismissed the allegations as 'puzzling and baseless.' The lawsuit was filed on May 28, 2024. Chanos is also known for his short position on Tesla.
Jim Chanos has been sued by a partner who alleges the famed short seller misued company funds, making his girlfriend rich in the process https://t.co/ry9cgwOZCB via @business
Short Seller Jim Chanos has been sued by Conlon Holdings Alleging Misuse of Funds Conlon Holdings alleges that Jim Chanos owes it $10 million Chanos calls the claims ‘puzzling and baseless’ https://t.co/hOcf3ROCiq
Wow. Crazy if true. Famous short seller Jim Chanos accused of embezzlement by business partner. A name everyone knows. Appeared in many books and financial podcasts. Goes to show being a 🐻 is hard way to live. Especially in America. https://t.co/MiB4A18s7C https://t.co/pLxFead0VH
Tesla Short Seller Jim Chanos Sued by Partner Over Embezzlement Allegations on May 28, 2024 https://t.co/OUiPxYPuI0
BREAKING 🚨: Jim Chanos Short Seller Jim Chanos, who had to shutter his hedge fund last year due to massive losses, is now accused of embezzlement https://t.co/WaBmwWlekB
BREAKING 🚨: Short Seller Jim Chanos Short Seller Jim Chanos, who had to shutter his hedge fund last year due to massive losses, is now accused of embezzlement https://t.co/DfXU71vNqc
Short Seller Jim Chanos Sued by Partner Alleging Misuse of Funds https://t.co/N9LQzJJvyR
Jim Chanos, the short seller who made his name and fortune on Enron’s demise, was sued by a partner that accused him of embezzling company funds https://t.co/2OHydTw0qw
Jim Chanos was sued by a partner that accused him of embezzling company funds for his personal use and enriching his girlfriend in the process: BBG