Saturday, May 12, 2018

Jay-Z Ordered to Testify In SEC Investigation

You cannot ignore an SEC subpoena, even if you are famous. Rapper Jay-Z failed to respond to two subpoenas from the SEC which is investigating the sale of Rocawear to Iconix Brand Group Inc.

In what he must have known would not work, but according to press reports, he claimed that appearing for testimony would interfere with preparations for his world tour,

The judge was not impressed.

Read further in this article from Reuters.

Post a Comment