Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Iconix Brand Group Inc (NASDAQ: ICON) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Iconix Brand Group Inc (NASDAQ: ICON) concerning whether a series of statements by Iconix Brand Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 5, 2015, after an investigation by the Company’s Audit Committee, Iconix Brand Group Inc announced, that it will restate it's previously issued financial statements for the period of 2013 through second quarter of 2015. Iconix Brand Group financial restatements include: the classification of contractually obligated expenses, retail support and other costs as selling, general and administrative expenses, inadequate support for revenue recognition relating to certain license agreements and inadequate estimation of accruals related to retail support for certain license agreements.

Following the news, Iconix Brand Group Inc (NASDAQ: ICON) shares fell during intraday trading on November 6, 2015.

Based in New York, New York, and founded in 1978 Iconix Brand Group Inc is an brand management company that licenses brands to retailers and manufacturers mainly in the apparel, footwear, and apparel accessory industries in the United States and internationally.

If you purchased shares of Iconix Brand Group (NASDAQ: ICON) on or before November 5, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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