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Okaro v. Icahn Enterprises L.P. et al
Case Number:
1:23-cv-21773
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barrack Rodos
- Brinkley Morgan
- Dechert LLP
- Glancy Prongay
- Miller Shah
- Pomerantz LLP
- Schlesinger Law Offices
Companies
Sectors & Industries:
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September 16, 2024
Icahn Enterprises Beats Investor Suit Over Dividend Program
Icahn Enterprises has beaten a proposed investor class action accusing it of propping up its stock price with unsustainably high dividends in order to support founder Carl Icahn's loans and financial interests, with a Florida federal judge saying the plaintiffs hadn't shown any misstatements the company made about the "true motivation" for its dividend program.
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March 14, 2024
Icahn Enterprises Rips Investors' 'Grab Bag' Of A Suit
Diversified holding company Icahn Enterprises LP and some of its current and former brass have asked a Miami federal judge to toss a proposed investor class action alleging they misrepresented certain details of the company's performance and asset values, arguing that the suit is a lengthy "grab bag of different theories."
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May 11, 2023
Investor Says Carl Icahn's Co. Inflated Value In Ponzi Scheme
Icahn Enterprises LP has been hit with a proposed class action in Florida federal court, brought by an investor who alleges they were misled on the value of the company following reports that it artificially inflated its securities and paid dividends to shareholders in a "Ponzi-like economic structure."