Joshua Mitts Explained

Discipline:Securities Law

Joshua Mitts is an American legal scholar. He is associate professor of law and Milton Handler Fellow at Columbia Law School.[1] He is known for his research into short activism and its alleged market abuses.[2] [3]

Biography

Mitts received his B.A. from Georgetown University in 2010, J.D. from Yale Law School, and Ph.D. from Columbia Business School in 2018.

He joined the Columbia Law School faculty in 2017.[4] In 2022, Mitts became the center of media attention after having published a number of analyses on trading data as well as the online presence of short sellers and suggested that certain players were manipulating the market.[5] Mitt used extensive data he gathered online to point to potentially manipulative and illicit trading activities and alleged securities fraud by investors.[6]

Mitts' work has become influential in guiding ongoing federal probes into certain activist short sellers and hedge funds such as Muddy Waters Research that publish negative reports on certain companies to lower their stock.[7]

Mitts also argued that the GameStop short squeeze was case of traders banding together to take down hedge funds.[8] [9]

In 2023, he co-wrote a research article indicating a potential link between those with foreknowledge of the October 7 Hamas attack on Israel and shorting of an ETF that tracks Israeli stocks.[10]

References

  1. Web site: Joshua Mitts . 2022-04-25 . www.law.columbia.edu . en.
  2. News: Celarier . Michelle . 2022-02-12 . Are Activist Short Sellers Misunderstood? . en-US . The New York Times . 2022-04-25 . 0362-4331.
  3. News: Baer . Liz Hoffman and Justin . 2022-02-16 . WSJ News Exclusive Justice Department Targets 'Spoofing' and 'Scalping' in Short Seller Investigation . en-US . Wall Street Journal . 2022-04-25 . 0099-9660.
  4. News: Prentice . Chris . 2022-03-18 . How a Columbia professor became the scourge of activist short sellers . en . Reuters . 2022-04-25.
  5. Web site: 2022-03-21 . Columbia Law School Embroiled In Short Sales Kerfuffle . 2022-04-25 . Above the Law . en-US.
  6. News: Korn . Liz Hoffman and Melissa . 2022-03-19 . Carson Block's Latest Short Target Is a Columbia Law Professor . en-US . Wall Street Journal . 2022-04-25 . 0099-9660.
  7. News: Columbia Law Professor Joshua Mitts is the latest short target of Carson Block . The Economic Times . 2022-04-25.
  8. Web site: Gaming GameStop: Faculty Experts Weigh in on Reddit and Meme Trading . 2022-04-25 . www.law.columbia.edu . en.
  9. News: 2022-02-14 . Meme-Stock Frenzy Gets a Fresh Look That Questions SEC Narrative . en . Bloomberg.com . 2022-04-25.
  10. Jackson, Jr. . Robert J. . Mitts . Joshua . Trading on Terror? . SSRN Electronic Journal . 6 December 2023 . 10.2139/ssrn.4652027 . 29 December 2023.

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