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Carl Icahn says SEC settlement shows Hindenburg Research's 2023 allegations were without merit
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Carl Icahn says SEC settlement shows Hindenburg Research's 2023 allegations were without merit
Aug 19, 2024 7:33 AM

Aug 19 (Reuters) - Billionaire investor Carl Icahn on

Monday said a settlement with U.S. regulators showed

short-seller Hindenburg Research's allegations last year that he

and his company IEP ran a "Ponzi-like" scheme were without

merit.

"Hindenburg's modus operandi, which is to publish scurrilous

and unsupported allegations, did damage to IEP and its

investors. We are glad to put this matter behind us and will

continue to focus on operating the business for the benefit of

unit holders," Icahn said in a statement.

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