Jay-Z’s Roc Nation Sues Iconix Brand Group Over Massive Accounting Fraud

Roc Nation, LLC, the entertainment company founded by Jay-Z in 2008, is suing Iconix Brand Group, Inc.

Jay-Z alleges that Iconix exaggerated its profits and cooked its books in order to sign deals with Roc Nation and other companies, including Ed Hardy.  Moreover, it’s alleged that in doing so, Iconix stole funds from — and compromised the images of — the indicated brands.

Read more: https://www.digitalmusicnews.com/2019/07/09/jay-z-roc-nation-iconix-lawsuit/