A Manhattan federal jury weighed fraud charges against former Iconix Brand Group CEO Neil Cole Wednesday, after Cole's lawyers rejected as illogical prosecutors' case claiming he schemed to book $11 million in fake revenue that tricked Wall Street.
Counsel for former Iconix Brand Group CEO Neil Cole got a key trial witness to concede Friday that he can't say exactly when or where a purported meeting took place at which Cole allegedly described a $5 million revenue gimmick underlying fraud charges against him.