News Formal

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 26 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Carl Icahn News

Business,U.S. News

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.

FILE - Financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York, March 16, 2010.

The SEC said Icahn Enterprises failed to disclose Icahn’s pledges of the company's securities as required in its annual report until Feb. 25, 2022. Icahn also failed to file amendments to a required regulatory filing describing his personal loan agreements and amendments, which dated back to at least 2005, and failed to attach required guaranty agreements. Icahn’s failure to file the required amendments to the regulatory filing persisted until at least July 9, 2023, the agency added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US settles with billionaire Carl Icahn for using company to secure personal loans worth billionsBillionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured
Source: Mynorthwest - 🏆 438. / 53 Read more »

US settles with billionaire Carl Icahn for using company to secure personal loans worth billionsBillionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
Source: ksatnews - 🏆 442. / 53 Read more »

Earnings roundup: Alamo Group, Rush Enterprises 2Q profits downEarnings roundup: 2Q profits down at Alamo Group and Rush Enterprises. Toyota helped by exchange rate.
Source: ExpressNews - 🏆 519. / 51 Read more »