San Diego, CA -- (SBWire) -- 09/22/2023 --Certain directors of Icahn Enterprises L.P. are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in Icahn Enterprises L.P. (NASDAQ: IEP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: IEP stocks follows a lawsuit filed against Icahn Enterprises L.P. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: IEP stocks, concerns whether certain Icahn Enterprises L.P. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose to investors that Icahn Enterprises was inflating its net asset value, that the Company was using money taken in from new investors to pay out dividends to old investors, that, as a result, the Company would become the subject of criminal and/or regulatory scrutiny, and that as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Icahn Enterprises L.P. (NASDAQ: IEP) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NASDAQ: IEP Investor Notice: Investigation Announced over Possible Wrongdoing at Icahn Enterprises L.P.
An investigation on behalf of current long term investors in Icahn Enterprises L.P. (NASDAQ: IEP) shares over possible breaches of fiduciary duty by certain officers and directors was announced.