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🚨: The #AdaniGroup has hired β€˜#Wachtell’, one of the Wall Street's fiercest defense law firms to take on US short seller #HindenburgResearch, which accused the Indian conglomerate of stock manipulation and fraud.

It is the same firm that Elon Musk hired to fight Twitter.
The development comes as billionaire Gautam Adani remains focused on reassuring investors that his business empire has been built on a strong foundation and faces no financial risk.
β€œFor decades, Wachtell has been among the most sought-after advisers by besieged corporate boards at some of the largest US companies trying to fend off activist investors or hostile takeovers,” the FT said in its article.
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