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Icahn Investor Sues In Del. Over Alleged Ponzi Scheme

Law 360

A unitholder and limited partner of Icahn Enterprises LP has sued the partnership and affiliate Icahn Enterprises GP Inc. in Delaware's Court of Chancery, seeking to inspect the company books in response to an analyst's report that it is operating a "Ponzi-like economic structure."

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Icahn Enterprises Rips Investors' 'Grab Bag' Of A Suit

Law 360

Diversified holding company Icahn Enterprises LP and some of its current and former brass have asked a Miami federal judge to toss a proposed investor class action alleging they misrepresented certain details of the company's performance and asset values, arguing that the suit is a lengthy "grab bag of different theories."

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Investor Says Carl Icahn's Co. Inflated Value In Ponzi Scheme

Law 360

Icahn Enterprises LP has been hit with a proposed class action in Florida federal court, brought by an investor who alleges they were misled on the value of the company following reports that it artificially inflated its securities and paid dividends to shareholders in a "Ponzi-like economic structure."

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