The biggest conflicts in the dispute between Clover and Hindenburg - Business Insider

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A health insurer backed by Chamath Palihapitiya is in the hot seat after a scathing short-seller report. Here's how Clover Health responded to 4 of the biggest claims.

The post was authored by Clover CEO Vivek Garipalli and President Andrew Toy.

In the blog posted Friday, Clover refuted that allegation, saying it hasn't received any civil investigative demands or subpoenas from the Justice Department. Clover declined to disclose the contents of the DOJ's request for information when asked by Insider. The DOJ also declined to comment.2. Hindenburg said that Clover has used"deceptive sales practices"

Clover said it's not unusual for insurers to create or have stakes in companies like Seek, which it said offers coverage from many insurers and gives"neutral, objective advice" to seniors.The short seller's report claims that much of Clover's membership growth has been"fueled" by a New Jersey brokerage called B&H Assurance.

 

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