Off the top of my head the reporting about Block - CashApp was disgraceful and Hindenburg got sued for it. Not sure how that's going to play out with disbanding the "company."
https://www.reuters.com/legal/government/adani-group-threate...
P.S. where did you see Block suing Hindenburg? The closest thing I can find is 'Block said it intended to “explore legal action” against Hindenburg, who sought to “deceive and confuse” Block investors to “profit from a declined stock price.”' which is just PR speak
They should be. If doesn't matter how well everything is documented or how above-board the company is when the courts turn into kangaroo courts for a thoroughly corrupt administration. They're right to get out now while they still can.
Sorry I really don't get what you are trying to say. In order to lose in court, you need to first find a law where Hindenburg could be breaking. But I don't see that happening, especially as it's almost impossible for them to be found guilty of defamation due to the First Amendment.
> the committee confirmed previously stated findings that there was "no evidence of fraud or misconduct on the part of management or the board of directors."