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2024

Billionaire Carl Icahn settles with US SEC over alleged disclosure failures, firm shares down 1%

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Carl Icahn and Icahn Enterprises LP settled with U.S. regulators for $2 million over failing to disclose that most of their securities were pledged for personal loans. The SEC probe followed allegations from Hindenburg Research. While the investigation found non-disclosures, it did not validate claims of a Ponzi-like scheme. Icahn rebutted the accusations.



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