TheGrantLawFirm, PLLC (http://grantfirm.com) is presently investigating whether the board (“Board”) of Iconix Brand Group, Inc. (“Iconix” or the “Company”) (ICON: NasdaqGS) breached its fiduciary duties to the Company, resulting in a massive restatement of the Company’s financials for the period of 2013 through second quarter of 2015 (“the Restatement”). The Restatement was announced today, after an investigation by the Company’s Audit Committee.
Prior to the Restatement, at least two of the Company’s high level officers, including its chief financial officer and chief operating officer, resigned.
The investigation focuses upon whether the Board, including members of its Audit Committee, fulfilled its fiduciary duties in overseeing the Company’s financials.
If you are a current holder of Iconix publicly traded securities and have questions about your legal rights or would like to discuss this investigation, please contact Lynda J. Grant at 212-292-4441 or email her at lgrant@grantfirm.com. Lynda J. Grant has been representing wronged investors and consumers for over 30 years, and is a New York Metro Superlawyer.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20151106005908/en/
Contacts:
Lynda J. Grant, 212-292-4441
lgrant@grantfirm.com
