SEC

Jay-Z’s Roc Nation Sues Iconix For ‘Massive Fraud’

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The New York Post’s Page Six has reported that Hip-Hop billionaire Jay-Z and his company Roc Nation are suing a city licensing firm, alleging it of bilking investors in a “massive years-long fraud,” according to a new lawsuit. Roc Nation first sold the men’s clothing brand Rocawear to Iconix for $204 million in 2007. According […]

Jay-Z Agrees To Testify In SEC Hearing About Rocawear Purchase

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Hip Hop mogul Shawn “Jay-Z” Carter has agreed to testify in a Security and Exchange Commission (SEC) investigation over the accounting practices of Iconix Brand Group, the company that bought Rocawear over ten years ago for over $200 million. The current owners of Iconix Brand Group are being investigated for allegedly violating federal securities laws […]