Glancy Prongay & Murray LLP (“GPM”) reminds investors of the August 22, 2015 deadline to file a lead plaintiff motion in the class action complaint filed on behalf of a class comprising purchasers of the securities of Iconix Brand Group, Inc. (“Iconix” or the “Company”) (NASDAQ: ICON) between February 20, 2013 and April 17, 2015, inclusive (the “Class Period”). This class action seeks to recover damages against defendants for alleged violations of the federal securities laws.

Iconix is a brand management company and owner of a diversified portfolio of global consumer brands across women’s, men’s, entertainment and home. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose to investors that: (1) that the Company had underreported the cost basis of its brands; (2) that the Company engaged in irregular accounting practices related to the booking of its joint venture revenues and profits, free-cash flow, and organic growth; (3) that, as a result, the Company’s earnings and revenues were overstated; and (4) that, as a result of the foregoing, Defendants’ statements about Iconix’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On March 30, 2015 after the market closed, the Company announced that its Chief Financial Officer Jeff Lupinacci had resigned effective March 30, 2015. Following this news, shares of Iconix fell $2.72 per share, or 7%, to close on March 31, 2015, at $33.67 per share on unusually high volume.

On Friday, April 17, 2015, after the market closed, Iconix announced that the Company’s Chief Operating Officer (“COO”) Seth Horowitz had resigned after serving for approximately one year. The Company stated that it did not intend to name a new COO. Then, on Monday, April 20, 2015, Roth Capital Partners, published an Equity Research Note, criticizing the Company’s alleged accounting irregularities concerning free-cash flow accounting, organic growth, and gains on licensing fees. Following this news, shares of Iconix declined $6.62 per share, over 20%, to close on April 20, 2015, at $25.41 per share, on unusually heavy volume.

Then on August 11, 2015, the Company announced earnings and sales that fell below analysts’ expectations, and also reported that the Iconix CEO and Founder, Neil Cole, had resigned his executive and director positions.

If you purchased Iconix securities, if you have information or would like to learn more about these claims, or have any questions concerning this announcement, please contact Casey Sadler of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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