JAY-Z ordered to appear in Manhattan Federal Court in SEC investigation over $200M apparel brand sale

Jay-Z has been ordered to appear in Manhattan federal court next week He must answers questions about why he shouldn’t have to give testimony about his sale of Rocawear to Iconix Brand Group in 2007 The SEC said its investigating Iconix for its financial reporting And want to speak to Jay-Z about his $200 million sale of the apparel company Iconix reported an over $200 million write-down of Rocawear over the last two years The SEC has issued subpoenas for the rapper in November and February… But he failed to appear for both "Carter failed to appear as required by the subpoenas and, through his counsel, Carter has declined to provide any additional dates on which he will agree to appear for investigative testimony.”

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