HSR: The Importance Of Strict Compliance

Law360, New York (November 19, 2007, 12:00 AM EST) -- On Oct. 15, 2007 Iconix was fined $550,000 for failing to provide certain required documents in its premerger filings made to federal antitrust enforcement agencies for its completed purchase of Rocawear licensing LLC.

The Antitrust Division of the United States Department of Justice ("DOJ") filed a complaint and stipulated judgment of $550,000 against Iconix Brand Group, Inc. for alleged violation of the Hart- Scott-Rodino Act of 1976, as amended (the "HSR Act" or the "Act").

This case serves as a reminder to use proper care and...
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