03.05.2018 19:07:00
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Investor Alert: Kaplan Fox Announces Investigation Of Iconix Brand Group, Inc.
NEW YORK, May 3, 3018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Iconix Brand Group, Inc. ("Iconix" or the "Company") (NASDAQ: ICON).
On May 3, 2018, the Securities and Exchange Commission (SEC) announced that it had filed a subpoena enforcement action in federal court in the Southern District of New York, as part of an investigation into potential violations of the federal securities laws by Iconix.
According to the SEC, in March 2016, Iconix publicly announced a $169 million write down of Rocawear, co-founded by Jay-Z, and in March of 2018, Iconix announced a further write down of $34 million. The SEC's application states that the Commission seeks Jay-Z's testimony to inquire about, among other things, his joint ventures with Iconix.
If you are an investor in Iconix and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this Notice, the action, your rights, or your interests, please contact:
Frederic S. Fox
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: ffox@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California 94104
(415) 772-4700
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com
View original content:http://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-announces-investigation-of-iconix-brand-group-inc-300642304.html
SOURCE Kaplan Fox & Kilsheimer LLP
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