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Trump vs Law Firms & Short-Seller Andrew Left's Trial | Bloomberg Law, Sonic AI
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Trump vs Law Firms & Short-Seller Andrew Left's Trial | Bloomberg Law
Bloomberg Law
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May 15, 2026
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28:40
Interview
Trump vs Law Firms & Short-Seller Andrew Left's Trial | Bloomberg Law
From
Bloomberg Law
June Grosso
(Legal analyst and host for Bloomberg Law)
•
James Pearce
(Guest)
•
Bloomberg Law
(Guest)
•
James Park
(Professor, UCLA Law School)
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Executive Summary
Circuit Court of Appeals is expected to rule against the Trump administration, affirming lower court decisions that found executive orders targeting four law firms to be unconstitutional retaliation.
Prominent short-seller Andrew Left is on trial for market manipulation, a case that highlights the legal gray areas of using social media to influence stock prices and the challenge of proving intent.
The trial is part of a broader criminal investigation into short-sellers that began in 2019, which has already had a chilling effect on the industry, causing some major players to exit.
authorities are reportedly moving to resolve fraud charges against Indian billionaire Gautam Adani, potentially signaling a more skeptical approach to enforcing the Foreign Corrupt Practices Act (FCPA) under the current administration.
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