UK's Trustpilot rejects allegations in short-seller report
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Trustpilot rejects claims by Grizzly Research of creating fake profiles to sell subscriptions, after shares dropped 30%.
Dec 5 (Reuters) - Global review platform Trustpilot said on Friday it rejected allegations made by short-seller Grizzly Research in a report, and that it is considering all appropriate options in response to what it called "demonstrably false" statements.
The UK-based company's shares plunged more than 30% on Thursday after Grizzly Research disclosed a short position and accused the firm of creating fake profiles that gave negative reviews, and then pressuring companies to pay for subscriptions.
Trustpilot said that it does not create unsolicited review profiles in order to sell subscriptions.
(Reporting by Unnamalai L in Bengaluru; Editing by Tasim Zahid and Alan Barona)
A short-seller is an investor who borrows shares and sells them, hoping to buy them back at a lower price to return to the lender, profiting from the difference.
Corporate governance refers to the systems and processes that direct and control a company, ensuring accountability and transparency in its operations.
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