Recent Security Class Actions

Icahn Enterprises L.P. Common Stock (NASDAQ: IEP)

Company Name:Icahn Enterprises L.P. Common Stock
Stock Symbol:NASDAQ: IEP
Class Period Start:08/02/2018
Class Period End (inclusive):08/03/2023
Filing Deadline:07/10/2023

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, the Complaint alleges Defendants failed to disclose to investors: (1) that Icahn Enterprises was inflating its net asset value; (2) that the Company was using money taken in from new investors to pay out dividends to old investors; (3) that, as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (4) 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.