Icahn Enterprises Stock Surges After Lawsuit Dismissal

Reported 21 days ago

Shares of Icahn Enterprises have increased following the dismissal of a class action lawsuit which alleged that founder Carl Icahn defrauded shareholders. The lawsuit was based on a report from Hindenburg Research claiming Icahn operated a 'Ponzi-like' scheme by inflating share prices and distributing excessive dividends.

Source: YAHOO

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