ICONIX BRAND GROUP, INC. ICON (last ticker on record)
CIK 857737Its SEC filings (opens in a new tab)
- 95% wipeout
- Restatement
- Delisting notice (not a red flag)
- Restructuring
- SEC/DOJ scrutiny
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 4
- Newest began Nov 2022
- Largest fall in its shares
- 99%
- Jun 2014 to Apr 2020
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- SEC enforcement releaseSEC release (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions a formal order of investigationForm 8-K (opens in a new tab)
- Shares down 95% from their high
- Far more SEC letters than usualSEC letter (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Dechert LLPFirst linked Jul 2021 · Named in a filing · 434 linked companiesSEC/DOJ scrutiny 0.84× · Went dark 0.41× · 95% wipeout 0.96×
- DLA PiperFirst linked Oct 2016 · Named in SEC correspondence · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Blank RomeFirst linked Nov 2000 · Named in SEC correspondence · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Littman KrooksFirst linked May 1998 · Named in a filing · 32 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 0.65× · 95% wipeout 2.07×
- Tenzer Greenblatt LLPFirst linked Jan 1996 · Named in SEC correspondence · 30 linked companiesSEC/DOJ scrutiny 1.72× · Went dark 2.64× · 95% wipeout 3.54×
- Maples and CalderFirst linked Feb 2015 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Gibson, Dunn & Crutcher LLPFirst linked Jun 2006 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Dechert LLP | Jul 2021 | Named in a filing | 434 | 0.84 | 0.41 | 0.96 |
| DLA Piper | Oct 2016 | Named in SEC correspondence | 1,184 | 1.00 | 0.45 | 1.20 |
| Blank Rome | Nov 2000 | Named in SEC correspondence | 348 | 1.04 | 0.79 | 1.36 |
| Littman Krooks | May 1998 | Named in a filing | 32 | 0.88 | 0.65 | 2.07 |
| Tenzer Greenblatt LLP | Jan 1996 | Named in SEC correspondence | 30 | 1.72 | 2.64 | 3.54 |
| Maples and Calder | Feb 2015 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
| Gibson, Dunn & Crutcher LLP | Jun 2006 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Kathleen A. CunninghamBlank RomeFirst linked Aug 2010 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 2.79× · Went dark 0.00× · 95% wipeout 1.44×
- Richard DiStefanoBlank RomeFirst linked Jul 2006 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 2.05× · Went dark 0.00× · 95% wipeout 3.34×
- Peter J. TennysonPaul HastingsFirst linked Jun 2006 · Named in SEC correspondence · 11 linked companiesSEC/DOJ scrutiny 2.75× · Went dark 1.96× · 95% wipeout 0.98×
- Ethan SeerBlank RomeFirst linked Sep 2001 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 2.36× · Went dark 0.60× · 95% wipeout 4.02×
- Robert J. MittmanBlank RomeFirst linked May 1996 · Named in SEC correspondence · 47 linked companiesSEC/DOJ scrutiny 1.72× · Went dark 0.43× · 95% wipeout 2.58×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kathleen A. CunninghamBlank Rome | Aug 2010 | Named in SEC correspondence | 9 | 2.79 | 0.00 | 1.44 |
| Richard DiStefanoBlank Rome | Jul 2006 | Named in SEC correspondence | 8 | 2.05 | 0.00 | 3.34 |
| Peter J. TennysonPaul Hastings | Jun 2006 | Named in SEC correspondence | 11 | 2.75 | 1.96 | 0.98 |
| Ethan SeerBlank Rome | Sep 2001 | Named in SEC correspondence | 17 | 2.36 | 0.60 | 4.02 |
| Robert J. MittmanBlank Rome | May 1996 | Named in SEC correspondence | 47 | 1.72 | 0.43 | 2.58 |