Icahn Enterprises and Carl Icahn settle SEC probe on margin loan disclosure; pay $2M in penalties

ICAHN ENTERPRISES L.P.

IEP and Carl Icahn entered SEC settlements on Aug 19, 2024, over failure to disclose pledged securities as margin loan collateral.
IEP consent order requires $1.5M civil penalty and cease-and-desist for failing to disclose in Forms 10-K for 2018-2020.
Carl Icahn penalty $500,000 for failing to amend Schedule 13D to describe loan agreements and guarantees.
Settlements are non-scienter based; neither admitted nor denied allegations (except jurisdiction).
No substantive communication from SDNY since initial May 2023 inquiry.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.