Today: October 05, 2024
Today: October 05, 2024

Icahn Enterprises wins dismissal of investor lawsuit

FILE PHOTO: Carl Icahn, chairman of Icahn Enterprises LP, speaks via video with Ken Squire, founder and president of 13D Monitor, during the 13D Monitor's Active-Passive Investor Summit in New York
September 13, 2024
Reuters

(Reuters) -Carl Icahn's investment company Icahn Enterprises won the dismissal of a lawsuit claiming it artificially inflated its share price by issuing unsustainably high dividends to help the billionaire investor obtain large amounts of personal loans.

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