Original sentence: Early in Muddy Water and Carson Block's career, he made his name from claiming Orient Paper was a fraud.The company denied these accusations and various third parties have refuted the accusations.. By April 30, 2014, an audit will be released that will reveal NQ Mobile's accounting methodology and it will be determined whether or not Muddy Waters claims are invalid
Edited sentence: By April 30, 2014, an audit will be released that will reveal NQ Mobile's accounting methodology and it will be determined whether or not Muddy Waters claims are invalid.Capital, where Carson Block worked previously before creating Muddy Waters Research.Carson Block's father, William Block, has been sued previously for misleading shareholders while at the firm M.Early in Muddy Waters/Carson Block's career, he made his name from claiming Orient Paper was a fraud.He has mentioned being a party animal with the police often visiting his father's home to see if any illegal activity would occur.His father, William Block, also runs W.In one instance, William Block and M.Meyerson issued false and misleading reports on the firm Quality Systems.Most of Carson Block's/Muddy Waters' issues stem from claims of fear-mongering, shorting and distorting, and other unethical practices in an attempt to make a company's share value crash and profit off of it.Myerson, a company mired with questionable and fraudulent business practices.Note: As of 04/14/2014, Muddy Waters has had a failure rate of 58.333% failure rate (7 out of 12 stocks were unaffected by his short attacks or are now doing far better than before).The company denied these accusations and various third parties have refuted the accusations.This firm was shut down by the SEC and one of William's coworkers did significant prison time for a stock manipulation scheme that had cost investors millions