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Investigation Details
Icahn is the subject of a Barron’s article published on August 19, 2024, that states, “The Securities and Exchange Commission on Monday announced charges against Carl Icahn and Icahn Enterprises ‘for failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements with various lenders.'” The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.