Carl Icahn, Icahn Enterprises to pay $2M in settlement with SEC
Billionaire activist investor Carl Icahn and his company, Icahn Enterprises (IEP), have agreed to pay a combined $2 million to settle charges brought by the Securities and Exchange Commission (SEC). Icahn allegedly failed to disclose that he pledged between 51 percent and 82 percent of Icahn Enterprises’s outstanding shares as collateral to obtain personal margin...