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Iconix founder Cole's fraud conviction overturned by US appeals court

Neil Cole was cleared of securities fraud after the 2nd Circuit ruled his 2022 conviction violated double jeopardy following his 2021 exoneration on related charges.

  • Neil Cole was cleared of all charges in a 10-year legal battle over securities fraud allegations related to Iconix Brand Group Inc., which he had founded.
  • Cole said the government's case had taken a heavy personal toll, causing him to lose friends and get divorced, but he plans to start a new business soon.
  • A federal appeals court overturned Cole's 2022 conviction on double jeopardy grounds, agreeing that his trials improperly rehashed the same allegations of falsely inflating Iconix's revenue.
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68 Articles

Ottumwa CourierOttumwa Courier
+11 Reposted by 11 other sources
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Fashion designer Kenneth Cole's brother claims vindication after criminal charges dismissed

The brother of fashion designer Kenneth Cole says he was vindicated when a federal appeals court in New York overturned his criminal conviction. Neil Cole said Monday that he's been fighting over a decade to clear his name for his…

The Courier-TribuneThe Courier-Tribune
+47 Reposted by 47 other sources
Center

Neil Cole Cleared of all Charges, Ending 10-Year Legal Battle

Iconix Brand founder and former CEO Neil Cole's conviction of securities fraud charges was reversed today.

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The Washington Post broke the news in on Monday, October 27, 2025.
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