{"id":530317,"date":"2026-03-18T06:47:13","date_gmt":"2026-03-18T06:47:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/530317\/"},"modified":"2026-03-18T06:47:13","modified_gmt":"2026-03-18T06:47:13","slug":"fintech-lender-sofi-disputes-short-seller-muddy-waters-report-considers-legal-action","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/530317\/","title":{"rendered":"Fintech lender SoFi disputes short seller Muddy Waters&#8217; report, considers legal action"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">March 17 (Reuters) &#8211; California-based fintech lender SoFi Technologies (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SOFI\" data-ylk=\"slk:SOFI;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SOFI&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SOFI<\/a>)said on Tuesday \u200cthat it may explore legal \u200caction against short seller Muddy Waters Research, calling \u200bits report &#8220;factually inaccurate and misleading.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">* Muddy Waters earlier on Tuesday revealed a short positionin SoFi, saying that the \u200ccompany &#8220;appears to \u2060have a materialmisstatement of at least $312 million of unrecorded debt. \u2060If weare correct, it raises the possibility that there are moreextensive \u200bmisstatements we \u200bhave not detected.&#8221; * \u200bDuring trading hours, \u200cthe company&#8217;s shares fell as much as6.5% to $16.48 following the report. * &#8220;We have reviewed the full report and believe it isdesigned to deceive investors. SoFi \u200cmaintains strong confidencein \u200bthe integrity of our \u200bfinancial reporting,&#8221; \u200bthe fintech said. * Muddy \u200cWaters did not respond to \u200ba \u200bReuters request forcomment after regular business hours on SoFi&#8217;s intention toexplore \u200bpotential legal \u200caction against the firm.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Rajveer \u200bSingh Pardesi in Bengaluru; Editing \u200bby Alan Barona)<\/p>\n","protected":false},"excerpt":{"rendered":"March 17 (Reuters) &#8211; California-based fintech lender SoFi Technologies (SOFI)said on Tuesday \u200cthat it may explore legal \u200caction&hellip;\n","protected":false},"author":2,"featured_media":530318,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,26889,165040,146130],"class_list":["post-530317","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-legal-action","tag-muddy-waters","tag-sofi"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/530317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=530317"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/530317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/530318"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=530317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=530317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=530317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}