Iconix Brand Group Inc founder and former Chief Executive Officer Neil Cole has ...
) founder and former Chief Executive Officer Neil Cole has been charged with accounting fraud, while the former chief operating officer has pleaded guilty to related charges and is cooperating with authorities, federal prosecutors announced Thursday.
The Hong Kong company, which was not named, agreed to the overpayments on the condition that it would be reimbursed through sham consulting or marketing fees, according to the indictment. Former Chief Operating Officer Seth Horowitz, 43, pleaded guilty on Dec. 2 to five counts, also including securities fraud, conspiracy and false SEC filings, under an agreement with prosecutors.
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