Icahn Enterprises is being investigated by prosecutors after claims that the firm is running a "Ponzi-like" scheme.
Prosecutors have asked the firm for information related to its financials, according to a Wednesday filing.
download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyCarl Icahn's investment firm, Icahn Enterprises, is being investigated by federal prosecutors after a short-seller accused the firm of running a "Ponzi-like" scheme.
Prosecutors were seeking information related to Icahn Enterprises' corporate governance, stock offerings, dividends, and other aspects of its business, the filing said.
Shares of Icahn Enterprises fell 19% on Wednesday, after losing nearly 25% the previous week after Hindenburg's report was first released.