Icahn sues Perry over alleged stock manipulation

Thu Dec 16, 2004

One-time corporate raider and newly minted hedge fund manager Carl Icahn has sued event-driven hedge fund Perry Partners for $1 billion, claiming the firm engaged in stock manipulation in relation to Perry's push to sway the outcome of a takeover bid.

Perry, which owns a nearly 10% position in pharmaceutical...

ISSN: 2151-1845 / CDC10004H

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