SEC Drops Suit Against Iconix Founder After Conviction Nixed
By Gina Kim ( May 4, 2026, 11:14 PM EDT) -- The U.S. Securities and Exchange Commission told a New York federal judge Monday it has agreed to dismiss its parallel civil enforcement action against Iconix Brand Group's founder who was accused of falsely inflating revenue by $11 million to meet earnings targets and had his conviction overturned by the Second Circuit....
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