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.
68 Articles
68 Articles
Iconix founder Cole's fraud conviction overturned by US appeals court
A federal appeals court in Manhattan on Monday overturned the conviction of Neil Cole, the founder and former chief executive of Iconix Brand Group, for defrauding investors about the apparel licensing company's revenue and earnings.
Fashion designer Kenneth Cole’s brother claims vindication after criminal charges dismissed
NEW YORK (AP) — The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court's decision to overturn his criminal fraud conviction.
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…
Iconix Founder Cole Cleared on Appeal After Two Fraud Trials
Iconix Brand Group founder and former chief executive officer Neil Cole was cleared by a federal appeals court in New York of charges that he inflated the apparel licenser’s earnings and misled investors a decade ago.
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