Wedbush says it's 'not seeing anything illegal' with Block even as short-seller Hindenburg alleges the payment firm misled investors

• Wedbush Securities investment firm said it's not seeing anything illegal with payment company Block. 
• Short-seller Hindenburg alleged that Block misled investors with "inflated metrics." 
• But Wedbush equity research head Moshe Katri said, "Block is a legitimate player in the space." 

Wedbush Securities has said it's not seeing anything illegal with payment company Block run by Twitter founder Jack Dorsey, following the release of a scathing short-seller report.