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Block (SQ) Issues Response to "Inaccurate Short Seller Report"

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Block's Response to Inaccurate Short Seller Report

March 23, 2023 1:33 PM EDT

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)-- We intend to work with the SEC and explore legal action against Hindenburg Research for the factually inaccurate and misleading report they shared about our Cash App business today.

Hindenburg is known for these types of attacks, which are designed solely to allow short sellers to profit from a declined stock price. We have reviewed the full... More