ICON Iconix Brand Group

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Iconix Brand Group, Inc. – ICON

NEW YORK--(BUSINESS WIRE)--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Iconix Brand Group, Inc. (NASDAQ: ICON) resulting from allegations that Iconix may have issued materially misleading business information to the investing public.

On May 3, 2018, the Securities and Exchange Commission (“SEC”) announced that it had filed a subpoena enforcement action against Shawn “Jay-Z” Carter as part of an investigation of potential violations of the federal securities laws related to Iconix. According to the SEC, Iconix paid Jay-Z more than $200 million to acquire intangible assets associated with his Rocawear clothing label, only to write down $169 million of that investment in March 2016 and an additional $34 million in March 2018. The SEC’s application seeks Jay-Z’s testimony to inquire about, among other things, his joint ventures with Iconix. On this news, shares of Iconix fell more than $.05 per share or over 7.8% to close at $0.59 per share on May 3, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Iconix investors. If you purchased shares of Iconix please visit the firm’s website at http://www.rosenlegal.com/cases-1334.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm was Ranked No. 1 by Institutional Shareholder Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

EN
04/05/2018

Underlying

ICONIconix Brand Group

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Iconix Brand Group

 PRESS RELEASE
Free
ICON Iconix Brand Gr...

Iconix Announces Conditional Notice of Redemption Concerning its Outst...

Iconix Announces Conditional Notice of Redemption Concerning its Outstanding 5.75% Convertible Notes NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today announced it has caused to be delivered a notice of full conditional redemption (the “Notice”) to the trustee of its outstanding 5.75% convertible senior notes due 2023 (the “Notes”). The Notice calls for the redemption of the $125 million initial aggregate principal amount of the Notes on August 4, 2021, and is conditioned on the consummation of the Company’s previously an...

August 3, 2021 1 EN
 PRESS RELEASE
Free
ICON Iconix Brand Gr...

Lancer Capital Completes Tender Offer for Shares of Iconix Brand Group

Lancer Capital Completes Tender Offer for Shares of Iconix Brand Group NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Iconix Merger Sub Inc. (“Purchaser”), a subsidiary of Iconix Acquisition LLC (“Parent”) and an affiliate of Lancer Capital, LLC (“Lancer Capital”), and Iconix Brand Group Inc. (“Iconix”) (Nasdaq: ICON) today announced the successful completion of Purchaser’s offer to purchase all the outstanding shares of Iconix common stock for $3.15 per share, without interest and subject to any applicable withholding taxes, net to the seller in cash. Lancer Capital intends to complete the ...

August 2, 2021 1 EN
 PRESS RELEASE
Free
ICON Iconix Brand Gr...

Iconix Announces Conditional Notice of Redemption and Notice of Fundam...

Iconix Announces Conditional Notice of Redemption and Notice of Fundamental Change Concerning its Outstanding 5.75% Convertible Notes NEW YORK, July 16, 2021 (GLOBE NEWSWIRE) -- Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today announced it has caused to be delivered a notice of full conditional redemption (the “Notice”) to the trustee of its outstanding 5.75% convertible senior notes due 2023 (the “Notes”). The Notice calls for the redemption of the $125 million initial aggregate principal amount of the Notes on August 16, 2021, and is conditioned on the conversi...

July 16, 2021 1 EN
 PRESS RELEASE
Free
ICON Iconix Brand Gr...

Iconix Enters into Definitive Agreement to be Acquired in “Go Private”...

Iconix Enters into Definitive Agreement to be Acquired in “Go Private” Transaction NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today announced it has entered into a definitive agreement and plan of merger to be acquired by Iconix Acquisition Corp., an affiliate of Lancer Capital, LLC (“Purchaser”), in an all-cash transaction that values Iconix at approximately $585 million, including net-debt. “Today’s announcement represents the culmination of a year-long examination by our Board of Directors of strategic alternatives f...

June 11, 2021 1 EN
 PRESS RELEASE
Free
ICON Iconix Brand Gr...

Iconix Reports Financial Results for the First Quarter 2021

Iconix Reports Financial Results for the First Quarter 2021 NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Total revenue of $23.6 million compared to $28.0 million in the prior year quarter.GAAP Operating Income $25.3 million as compared to a loss of $4.9 million in the prior year quarter.Adjusted EBITDA of $11.9 million, compared to $11.6 million in the prior year quarter.Continued to improve cost structure, decreasing SG&A expenses by 24% from prior year quarter.Signed 93 license agreements during 2021, representing $47 million of aggregate minimum royalties over the life of t...

May 13, 2021 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch