ICON Iconix Brand Group Inc

CALABASAS, Calif., Dec. 18 /PRNewswire/ -- Paul Buxbaum, chairman of the Calabasas-based Buxbaum Group, LLC, announced today that Mr. Buxbaum and Iconix Brand Group, Inc. (NASDAQ:ICON), have resolved the lawsuit filed on July 25, 2006, in the U.S. District Court for the Southern District of New York. The action was dismissed with prejudice. Iconix filed the lawsuit naming Mr. Buxbaum and others as defendants. However, Iconix never served Mr. Buxbaum with a complaint. No further action will be taken. Mr. Buxbaum owned an interest in Rampage Clothing Company, which was purchased by Iconix in a transaction that closed last year. About Buxbaum Group Buxbaum Group had built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America. While continuing to operate in those areas, the company has shifted its primary focus in recent years to turnaround investing. DATASOURCE: Buxbaum Group CONTACT: Press, Scott Rusczyk of Buxbaum Group, 1-800-990-6820; or Lisa Kreda or Bill Parness, both of Parness & Associates Public Relations, +1-732-290-0121,

Copyright