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LOS ANGELES -- (Business Wire)
Goldberg
Law PC (www.Goldberglawpc.com)
reminds investors in Iconix Brand Group, Inc. (“Iconix” or the
“Company”) (NASDAQ: ICON),
who purchased or otherwise acquired shares between February 20, 2013 and
April 17, 2015, inclusive (the “Class Period”), of the August 24, 2015
deadline to file a motion to be appointed as lead plaintiff.
If you are a shareholder who suffered a loss during the Class Period, we
advise you to contact Michael
Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey,
CA 90292, at 800-977-7401, to discuss your rights without cost to you.
You can also reach us through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
Iconix
is a brand management company engaged in managing a diversified
portfolio of consumer brands. The complaint alleges that the Company
made false and/or misleading statements and failed to disclose to
investors that: (1) the Company had underreported the cost basis of its
brands; (2) that the Company engaged in irregular accounting practices
related to the booking of its joint venture revenues and profits,
free-cash flow, and organic growth; (3) that, as a result, the Company’s
earnings and revenues were overstated; and (4) that, as a result of the
foregoing, the statements about Iconix’s business, operations, and
prospects, were false and misleading and/or lacked a reasonable basis.
On April 17, 2015, Iconix announced in a Securities and Exchange
Commission filing that their Chief Operating Officer had resigned. As a
result of this news, shares of Iconix tumbled over 20% to close on April
20, 2015 at $25.41 per share.
If you have any questions concerning your legal rights in this case,
please immediately contact Goldberg Law PC at 800-977-7401, via email at info@goldberglawpc.com,
or visit our website at Goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150703005345/en/
Contacts:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian
Schall, Esq., 800-977-7401
info@goldberglawpc.com
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Source: Goldberg Law PC
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