Jay-Z has been subpoenaed twice in the case and has ignored both subpoenas. In November 2015 the company said it would restate its financial statements over how the New York-based company classified some expenses and how it recognized revenue related to licensing agreements.
Jay-Z is the target of a subpoena regarding an ongoing Securities and Exchange Commission investigation.
The SEC's application states that the Commission seeks Carter's testimony to inquire about, among other things, Carter's joint venture with Iconix.
According to the release, in 2016 Iconix publicly announced a $169 million write down of Rocawear, and in March of this year, Iconix announced a further write down of $34 million.
Jay-Z's lawyer Alex Spiro protested in a Thursday statement that the rapper "had no role in that reporting or Iconix's other actions as a public company", and that "Mr. Carter is a private citizen who should not be involved in this matter".
The hip hop mogul born Shawn Carter, who just announced plans for a six-part documentary series examining Meek Mill and flaws in the criminal justice system, has been issued an investigative subpoena.
As of Thursday afternoon, the dates on which Jay-Z will appear in court to testify are unknown. Rocawear was one of his early business successes.
In 2007, Iconix Brand Group, a "brand management company" that licenses brands to retailers and manufacturers in the clothing and footwear industries, bought out Rocawear.
The company, whose retail brands include Joe Boxer and Candie's, did not immediately respond to requests for comment. Last year Iconix sold two of its best known brands, Badgley Mischka and the Sharper Image, as well as a majority stake in Peanuts Worldwide.
Snaps will only transfer in HD quality thanks to built-in WiFi, which transfers videos four times faster than the previous Specs. Snap was reportedly able to reuse some of the parts in their unsold first generation Spectacles in the latest units.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Moving averages can help smooth out these erratic movements by removing day-to-day fluctuations and make trends easier to spot.
Heavy Israeli gunfire was heard Friday afternoon as the crowd broke away from a larger protest and moved toward the fence. It said troops "had operated in accordance with the rules of engagement" to stop people crossing the border.
With the first-round selection, Penny becomes the Aztecs' first such pick since Kyle Turley was chosen eighth overall in 1998. It wasn't a flawless story by any means, but I'm really glad the way it worked out", Dissly said of his position change.
Kardashian, 33, hasn't publicly commented on the rumours, but reportedly has forgiven Thompson for cheating. Despite the sad situation, they all rooting for Khloe to come out strong afte this cheating storm.
James Comey is still denying that he leaked classified information about a conversation he had with President Donald Trump . A few Republicans have supported it, but most have opposed it, arguing that it is unconstitutional or unnecessary.
Just before her sister Kate gave birth to the new royal baby , Pippa Middleton was reportedly kicked out of a London supermarket. Betting shops had Arthur as their favourite, followed by James, Albert, Philip, Alexander, Henry and Michael.
And the duo already made a first impression to anyone paying attention to the game at Heinz Field on September 16. When Rudolph becomes the starter one day, he will be the Pittsburgh Steelers starter for a very long time.
Asked whether the issue of Jaish-e-Mohammad chief Masood Azhar was raised, he said the two leaders "did not go into specifics". He said that educational exchanges between India and China was another area where the two countries could work upon.
He started 26 games over the past two seasons, including 10 a year ago at right tackle before being placed on injured reserve. Brown was drafted by the Niners in the seventh round of the 2015 NFL Draft out of the University of Florida .
There's nothing hidden here about the agenda. "It would take the Supreme Court to step in", said pro-life advocate Bryan Gibson. The Iowa House narrowly approved the controversial bill 51-46, and the Senate passed it by a vote of 29-17.
Several roads have already been closed and drivers have been advised to look for alternative routes towards their destinations. APS said Saturday it was de-energizing about 1,500 customers in the Blue Ridge community as part of fire mitigation efforts.
For their part, however, Cardinals fans should be feeling as fired up about Rosen's comments as he was when he made them. During a post-draft news conference in Dallas , Rosen said " there were nine mistakes ahead of me ".
The index, published every year by Reporters without Borders , assesses the level of freedom available to journalists. Independent journalism is vital to hold states accountable and to monitor democratic processes.
Uganda recently backtracked on a deal with Israel to absorb several thousand migrants following days of negotiations in Kampala. However, Israel's immigration authorities are still seeking ways to deport migrants voluntarily, it said.
The announcement, made during Ford's first quarter earnings report , reflects the new reality among today's automotive consumers. The Mustang and the upcoming Focus Active crossover are poised to become the only cars Ford sells in the North American market.
Visitors to the park are able to watch animals being fed up close, with at least a dozen big cats living on the property. A graphic video posted on the News24 website on Tuesday shows Hodge running for a gate when the lion runs toward him.
Hundreds of heartbroken supporters gathered to pay tribute to Alfie Evans, the "warrior" toddler who passed away today. Karen & I are praying for comfort and peace for his parents, Katie & Tom, during this incredibly hard time.
According to leaks ahead of the announcement, it was clear that something big was going to happen at Facebook's F8 keynote speech. The Oculus Go headset has been officially launched today and it's now available for purchase in 23 countries across the globe.
Modi is expected to address a minimum of 16 public rallies at district levels right upto the end of campaign until May 10. Yeddyurappa said BJP's electoral campaign would get a major fillip once Modi begins his electioneering later this week.
Britain, France and Germany reaffirmed their backing for the Iran nuclear deal , despite Donald Trump 's threat to walk away. In 2015 the U.S. and other nations struck a deal with Iran to end a 12-year standoff over that country's nuclear program.
Before the fight, Emelianenko said that 38-year-old rival Frank Mir is the top athlete and one of the best fighters in the world. Sure, Emelianenko still looked vulnerable in the bout, as he has in many of his recent outings.
According to Kensho, an analytics company, Caterpillar's stock has had a 0.81 correlation with the Dow over the last six months. On Wednesday Goodyear Tire & Rubber said higher raw materials costs and weaker demand hurt its business in the first quarter.
The Broncos were said to be eyeing a quarterback in the draft, but when Chubb fell to them, they felt they couldn't pass him up. There was a lot of excitement when the Broncos added another pass-rushing star to their defense Thursday.
Concise News gathered that the rise was due to the firm's Switch console, just as it noted that it would appoint a new president. Shuntaro Furukawa , 46, a senior executive, is taking over as president from Tatsumi Kimishima .