RADNOR, Pa., June 03, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Florida against Icahn Enterprises L.P. (“Icahn Enterprises”) IEP. The action charges Icahn Enterprises with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Icahn Enterprises’ materially misleading statements and omissions to the public, Icahn enterprises’ investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR ICAHN ENTERPRISES LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://ift.tt/trclGE6
LEAD PLAINTIFF DEADLINE: JULY 10, 2023
CLASS PERIOD: AUGUST 2, 2018 THROUGH MAY 9, 2023
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or via email at info@ktmc.com
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
ICAHN ENTERPRISES’ ALLEGED MISCONDUCT
On May 2, 2023, market analyst Hindenburg Research published a report alleging, among other things, that Icahn Enterprises’ “last reported indicative year-end [net asset value] of $5.6 billion is inflated by at least 22%.” The report also claimed that the company operates a “ponzi-like economic structure” and “has been using money taken in from new investors to pay out dividends to old investors.”
Following this news, Icahn…
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