Icahn Enterprises Fires Back At Hindenburg’s Ponzi-Like Scheme Allegations: ‘Intended Solely To Generate Profits’

Icahn Enterprises LP (NASDAQ: IEP) responded strongly to a short-seller report by Hindenburg Research that accused the investment firm’s founder, Carl Icahn, of mismanagement. What Happened: Hindenburg’s report alleged that IEP operated a Ponzi-like scheme, utilizing funds from new investors to distribute dividends to previous investors, and raised doubts about the legality of IEP’s then-15.8% […]

SEC Adopts Amendments to Modernize Share Repurchase Disclosure

The Securities and Exchange Commission today adopted amendments to modernize the disclosure requirements relating to repurchases of an issuer’s equity securities, including requiring issuers to provide daily repurchase activity on a quarterly or semi-…Read More