Block (SQ) comments on Cash App transacting actives and compliance program (earlier)
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Block's Response to Inaccurate Short Seller Report
March 23, 2023 1:33 PM EDTDISTRIBUTED-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
