Sahm Adrangi Blows the Whistle on Fraudulent Companies

An ethical culture in an organization is a necessity. This is because it can prevent the rising cases of whistleblowing. With that said, whistleblowing comes in when a firm lacks accountability for its values. Through whistleblowing, an organization is warned against failing to deliver excellent services to its clients or employees. Ideally, a whistleblowing system reflects a person’s commitment to creating a ‘’speak up’’ tradition to protect consumers and workers from being manipulated by service providers. Sahm Adrangi is one successful whistleblower who has mastered his game. He understands how different companies operate irrespective of their specialization.

Sahm Adrangi is a successful financial investor. He went to the Penn State University and joined Merrill Lynch for his first career practice. While there, he served as a financial analyst. Even though he was a junior employee, he delivered to the expectations of the employers. Dedication defines Adrangi’s career. He later moved to Longacre Fund Management where he also served as an analyst. Under his leadership, the firm accrued huge profits. He was asked to serve for three more years.

From Longacre Fund, Adrangi delved into private practice. He left a lucrative chance at Wall Street to try something new in personal businesses. That is why he established Kerrisdale Capital Management. This is an investment management firm that initiates research and investment ideas on different companies. The company has been actively exposing companies indulging in fraud since its establishment. For instance, recently, under the guidance of Sahm Adrangi, it highlighted the case of QuinStreet Inc.

Being an online investment company with a significant number of shares in the industry people are tempted to invest their shares in this firm. The stock prices of the firm have quadrupled suddenly. Investors have been flocking into the database with the hope of putting their money in the business. But, Sahm Adrangi noticed that one client generates the money referred to. This means that sufficient proof can not back the firm’s claims. Adrangi has issued a report with negated feedback to prevent investors from putting their money into the business.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company