 |
MZ Group represents Tingo Group, which today hired White & Case to conduct an independent review of allegations made by short-seller Hindenburg Research that it fabricated its financials.
Tingo, which is listed on the NASDAQ, says it provides agriculture and financial services across Africa, the Middle East and southeast Asia.
Hindenburg released its report called “Tingo Group: Fake Farmers, Phones and Financials—The Nigerian Empire” on June 6.
It shorted Tingo’s shares “because we believe the company is an exceptionally obvious scam with completely fabricated financials.”
Tingo responded to Hindenburg’s report by categorically refuting all the “allegations and misinformation” in it.
“The report, which contains numerous errors of fact, together with misleading and libelous content, appears to be a deliberate attempt to undermine the positive work that Tingo Group is undertaking across various worldwide markets,” said the Montvale, NJ-based company.
As a short-seller, Hindenburg “has a disclosed economic incentive to negatively influence the company’s share price,” explained Tingo.
The company plans no further comment on Hindenburg’s allegations until White & Case completes its review.
Impact PR & Communications signs on to provide strategic communications and support for Hudson Valley Connected, a regional initiative expanding free technology assistance and digital literacy resources throughout the Valley... TURNER is named national PR partner for Travel Oregon... Rubenstein Public Relations is named AOR for workforce development organization America Works.
FINN Partners flies with Textron Aviation Inc., working on the company’s 2026 Special Olympics Airlift and other key initiatives... Archer is named lead strategy and North American PR firm by CASE Construction Equipment... NLG Communications signs on as strategic communications advisor for Metrolink, a commuter rail system in Southern California. 
Rubenstein Public Relations re-ups as agency of record for Doroni Aerospace, a provider of personal electric vertical takeoff and landing aircraft... Zapwater Communications is appointed US AOR for The Cliff Hotel Jamaica, a luxury destination resort in Negril’s West End... MZ Group lands strategic investor relations and financial communications program for Zefiro Methane Corp.
Ripley PR is named PR shop for HCSS, which provides construction management software for the heavy civil and infrastructure construction industry... Redpoint checks in at The Alfond Inn at Rollins College... RG2 Communications lands International Design, a curatorial platform bringing together collectible design, contemporary art and cultural experiences.
Coyne PR picks up AOR duties for Goddard Systems, LLC, manager of a franchise system that serves more than 100K students... GO PR lands JW Marriott Detroit Water Square, which will open in February 2027... REYA Communications signs on as the U.S. and Canada agency of record for Yora Nordic Spa Brownstone, a 130,00-square-foot property opening in Portland, CT this November.
