2nd Circ. Affirms Icahn Win Over Short-Swing Trading Suit

By Carmen Germaine · August 3, 2017, 1:26 PM EDT

The Second Circuit on Thursday upheld a decision dismissing a shareholder's claims that billionaire Carl Icahn reaped "short-swing profits" on options trading in Herbalife, Nuance Communications and Hologic, saying Icahn didn't...

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Case Information

Case Title

Olagues v. Icahn

Case Number

16-1259

Court

Appellate - 2nd Circuit

Nature of Suit

3850 STATUTES-Secur Comm Exchange

Date Filed

April 22, 2016