Icahn Enterprises L.P.
A securities class action has been filed in the USDC – S.D.FL. against Icahn Enterprises L.P. (IEP) (“Icahn Enterprises” or the “Company”) on behalf of all persons or entities who purchased or otherwise acquired Icahn Enterprises securities between August 2, 2018 through May 9, 2023.
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors:
- that Icahn Enterprises was inflating its net asset value;
- that the Company was using money taken in from new investors to pay out dividends to old investors;
- that, as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and
- that as a result of the foregoing, Defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased Icahn Enterprises securities during the Class Period and would like to receive more information or join the action, please enter your contact information below and click “Submit Your Information.”
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