Olagues v. Icahn

  1. August 03, 2017

    2nd Circ. Affirms Icahn Win Over Short-Swing Trading Suit

    The Second Circuit on Thursday upheld a decision dismissing a shareholder's claims that billionaire Carl Icahn reaped "short-swing profits" on options trading in Herbalife, Nuance Communications and Hologic, saying Icahn didn't receive extra profit recoverable under U.S. Securities and Exchange Commission rules.

  2. December 14, 2016

    2nd Circ. Judge Worried Icahn Trade Tactic Reaps 'Zillions'

    A Second Circuit judge appeared alarmed on Wednesday that a securities law loophole might be letting company insiders like billionaire Carl Icahn rake in unlimited "short-swing" profits, which one investor claims Icahn did via trading options in Herbalife, Nuance Communications and Hologic.

  3. July 19, 2016

    Icahn Urges 2nd Circ. To Affirm Toss Of Insider Trading Suit

    Billionaire Carl Icahn and his investment partnerships urged the Second Circuit on Monday not to revive a suit claiming they illegally grabbed $94 million in "short-swing" profits through insider trading on Herbalife, Nuance Communications and Hologic options.

  4. June 16, 2016

    2nd Circ. Urged To Revive Icahn 'Short-Swing' Trading Suit

    An investor who accused billionaire Carl Icahn and his investment partnerships of illegally grabbing $94 million in "short-swing" profits through insider trading on Herbalife, Nuance Communications and Hologic options asked the Second Circuit on Thursday to revive his case.