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Investigation announced for Investors in Icahn Enterprises L.P. (NASDAQ: IEP) over possible Wrongdoing

09-12-2023 06:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Icahn Enterprises L.P. (NASDAQ: IEP) shares.

An investigation on behalf of current long term investors in Icahn Enterprises L.P. (NASDAQ: IEP) shares.

An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of Icahn Enterprises L.P..

Investors who are current long term investors in Icahn Enterprises L.P. (NASDAQ: IEP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: IEP stocks follows a lawsuit filed against Icahn Enterprises L.P. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: IEP stocks, concerns whether certain Icahn Enterprises L.P. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of Florida the plaintiff alleges that the 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.

Those who purchased shares of Icahn Enterprises L.P. (NASDAQ: IEP) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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