Security Investigation
Icahn Enterprises L.P. (NasdaqGS: IEP)
39 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 10, 2023 to file lead plaintiff applications in a securities class action lawsuit against Icahn Enterprises L.P. (NasdaqGS: IEP).
Icahn and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 10, 2023, pre-market, the Company disclosed that the U.S. Attorney’s office for the Southern District of New York contacted Icahn Enterprises on May 3, 2023 seeking production of information relating to the Company and certain of its affiliates’ “corporate governance, capitalization, securities offerings, dividends, valuation, marketing materials, due diligence and other materials.”
On this news, shares of Icahn fell $5.75 per share, or 15.1%, to close at $32.22 per share on May 10, 2023.
If you purchased securities of Icahn and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Osaneme Okaro v. Icahn Enterprises L.P., No. 23-cv-21773.