The Securities and Exchange Commission will drop a long-running lawsuit against the founder of apparel licenser Iconix Brand Group that accused him of inflating the company’s revenue and earnings more than a decade ago.
SEC Drops Accounting Fraud Case Against Ex-Iconix CEO
The Securities and Exchange Commission will drop a long-running lawsuit against the founder of apparel licenser Iconix Brand Group that accused him of inflating the company’s revenue and earnings more than a decade ago.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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