NEW YORK, June 30, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Icahn Enterprises L.P. (NASDAQ: IEP).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/icahn-enterprises-class-action-loss-submission-form/?id=41522&from=4
The lawsuit seeks to recover losses for shareholders who purchased Icahn Enterprises between August 2, 2018 and May 9, 2023.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 10, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Icahn Enterprises L.P. issued materially false and/or misleading statements and/or failed to disclose that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law
