Overview
- Icahn Enterprises failed to report stock pledges in annual filings from 2018 to 2022.
- The SEC's investigation followed allegations from Hindenburg Research about inflated asset valuations.
- Icahn and his firm did not admit or deny the SEC's findings but agreed to cease future violations.
- Icahn criticized Hindenburg's report as false and harmful to investors.
- Shares of Icahn Enterprises dropped over 6% following the settlement announcement.