Harwood Feffer LLP Announces Investigation of Iconix Brand Group, Inc.

NEW YORK, June 24, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Iconix Brand Group, Inc. ("Iconix" or the "Company") (NASDAQ: ICON), concerning whether the board has breached its fiduciary duties to shareholders.

On March 30, 2015, the Company disclosed that its Chief Financial Officer had resigned effective that same day.  On this news, Icon stock fell nearly 10% by close on March 31, 2015.  

On April 17, 2015, after the market closed, Iconix disclosed that its Chief Operating Officer had tendered his resignation on April 13, 2015.  On this news, Icon stock fell over 20%

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own Icon shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
                           (212)935-7400
Email:  bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP