×
65
Fashion Jobs
ESTÉE LAUDER
The Ordinary - Consultant - Edgars, Gauteng - 40 Hours, Full Time - Permanent
Permanent · Johannesburg
ESTÉE LAUDER
The Ordinary - Consultant - Edgars, Gauteng - 40 Hours, Full Time - Permanent
Permanent · Johannesburg
L'OREAL GROUP
Area Sales Manager Cpd
Permanent · Johannesburg
L'OREAL GROUP
E-Commerce Channel Manager
Permanent · Johannesburg
ESTÉE LAUDER
Finance Business Manager
Permanent · Johannesburg
ADIDAS
Permanent Part-Timer - Adidas Tubatse
Permanent · JOHANNESBURG
ADIDAS
Permanent Part-Timer - Adidas Retail Crossing
Permanent · JOHANNESBURG
ADIDAS
Permanent Part-Timer - Adidas Potchefstroom
Permanent · JOHANNESBURG
ADIDAS
Retail Sales Associate - Adidas Potchefstroom
Permanent · JOHANNESBURG
ADIDAS
vm Champion - Adidas Potchefstroom
Permanent · JOHANNESBURG
ADIDAS
Recruitment Partner
Permanent · CAPE TOWN
ADIDAS
Deputy Store Manager - Adidas Potchefstroom
Permanent · JOHANNESBURG
ADIDAS
Deputy Store Manager - Adidas Somerset West
Permanent · CAPE TOWN
ADIDAS
Store Manager - Adidas Potchefstroom
Permanent · JOHANNESBURG
ESTÉE LAUDER
MAC - Retail Artist - Pfss Sandton, Gauteng - 28.62 Hours - Part-Time - Temporary
Fixed-term · Johannesburg
ESTÉE LAUDER
Bobbi Brown - Make-up Artist - Edgars Sandton, Gauteng - 40 Hours - Full - Time - Permanent
Permanent · Johannesburg
ESTÉE LAUDER
MAC/Estee Lauder/Clinique - Retail Manager - Edgars Centurion, Gauteng - 173 Hours, Full Time Time, Permanent
Permanent · Johannesburg
ESTÉE LAUDER
Bobbi Brown - Make-up Artist - Edgars Sandton , Gauteng- 40 Hours - Full -Time - Permanent
Permanent · Johannesburg
ESTÉE LAUDER
MAC - Retail Artist - Edgars, Gauteng - 28.62 Hours - Part-Time - Permanent
Permanent · Johannesburg
ESTÉE LAUDER
LA Mer Expert, 40 Hours - Edgars Sandton
Permanent · Johannesburg
ESTÉE LAUDER
Tom Ford Specialist, 173 Hours - Edgars Canal Walk
Permanent · Cape Town
ESTÉE LAUDER
Tom Ford - Specialist - Edgars, Gauteng - 40 Hours, Full Time - Permanent
Permanent · Pretoria
By
Reuters
Published
Nov 29, 2022
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Iconix founder convicted of securities fraud at retrial

By
Reuters
Published
Nov 29, 2022

​A Manhattan jury found Iconix Brand Group Inc founder Neil Cole guilty of securities fraud on Monday, a little more than a year after another jury deadlocked at his first trial.


Lee Cooper


Prosecutors said Cole, 65, inflated the apparel licensing company's revenue in 2013 and 2014 using joint venture agreements with Hong Kong-based global supply chain company Li & Fung Ltd.

Cole, Iconix's former chief executive, was also convicted of making false filings with the SEC and improperly influencing audits, according to a statement by U.S. Attorney Damian Williams.

Last year, another jury had deadlocked on those charges after acquitting Cole on two counts of conspiracy.

"Wall Street should know that we will not be deterred from seeking justice in tough cases," Williams said.

Cole's attorneys, David Markus and Sean Hecker, said in a statement that while they were disappointed with the verdict, "there are significant issues" to be reviewed on appeal.

U.S. District Judge Edgardo Ramos denied Cole's request to dismiss an alternate juror during the trial. The reasons for the request were not disclosed in court papers.

Cole was charged in December 2019 with inflating the joint venture deals and agreeing to later reimburse the partner company through sham consulting or marketing fees.

Iconix paid $5.5 million in 2019 to settle with the SEC over alleged accounting violations, which the company neither admitted nor denied.

Lancer Capital took Iconix private last year.

The case is United States v. Cole, U.S. District Court for the Southern District of New York, No. 19-cr-00869

© Thomson Reuters 2023 All rights reserved.