SDNY COURTHOUSE,
Oct 27 – Neil Cole, the brand
manager charged with financial
chicanery was freed on $1
million bond on December 5,
2019 and allowed to travel
throughout the United States
by agreement of the US
Attorney's Office, contrary to
the "SDNY and EDNY only"
restrictions they routinely
place on less affluent
defendants.
SDNY Magistrate
Judge Barbara Moses accepted
the agreed bail conditions,
and said that they can be
appealed or asked to be
modified before SDNY Judge
Edgardo Ramos to whom the case
was assigned.
On October 6,
2021, the jury trial began and
Inner City Press live tweeted
Day 1 here,
podcast here,
vlog here.
On October 25, Cole himself
took the stand, see below.
On October
7, cooperator Seth Horowitz
spend the whole day on the
stand, still on direct. Inner
City Press live tweeted here.
On October
8, the cross examination of
Horowitz began, doggedly.
Inner City Press live tweeted
here.
On October 12,
after Columbus Day, the cross
examination of Horowitz
continued but did not finish.
Inner City Press live tweeted
here
and below.
On Sunday,
October 17 the US Attorney's
Office put in an argument for
the admissibility of exhibits
including Ethan Cole's e-mail
to Jared Margolis about
offsetting Iconix Korea
with... Rocawear. Full
contested exhibit on Patreon here.
On Monday
October 18 Cole's lawyers
responded that Ethan Cole was
not a co-conspirator, and
filed Horowitz' FBI's
interview as 3500 material.
3500 material / FBI interview
notes now on Patreon here.
On October 22,
the trial churned to the end
of the government case, with
the defense to put on its
first witness on Monday, but
still not providing the name.
Inner City Press live tweeted
here.
On October 25,
Neil Cole took the stand and
Inner City Press live tweeted
here.
On October 26
here's from the US Attorney's
Office summation, which Inner
City Press live tweeted here:
Closing arguments
in US v. Neil Cole: Assistant
US Attorney asks why
"visionary CEO of Iconix"
agreed to pay $2 million to a
consultant for no work.
#RoundTripping.
AUSA: Cole signed
the invoices to sent $5
million back. This is a
catastrophic fact. We saw him
yesterday, criticizing
people's costs at the Super
Bowl. And yet he's signing
fraudulent $5 million in
invoices.
AUSA:
Iconix had already paid for
this marketing video (Zoo York
Takes Yankee Stadium, on
YouTube here;
DX 415) before the paid the
invoice.
AUSA: Neil Cole
did it.
Judge
Ramos: We're going to end,
because the defense summation
would take us past 2:40 pm.
Tomorrow afternoon- you'll be
able to stay past 2:40 if you
want. See you tomorrow.
On the morning of
October 27, Neil Cole's lawyer
offered this summation, Inner
City Press live tweeted here:
Cole's lawyer:
Iconix's servers saved all
emails, even if Horowitz says
he deleted them. "Horowitz
made it up and they know it.
If he'd lie about that, he'd
lie about anything. And that
should make you doubt their
case."
Cole's lawyer:
"They're dredging up things
from 22 years ago. [Candie's
$75,000 SEC settlement]
Give me a break.
Horowitz just wants a lighter
sentence. He claims he wrote
in code to himself. It's
absurd." Cole's lawyer's
closing is closing: "Neil Cole
did not commit any crimes. We
ask you find him not guilty."
Judge Ramos:
Thank you Mr. Tarlow.
Note: in open
court, Cole's lawyer said he wants to cross
examining cooperation witness Seth Horowitz
about concealment of prostitution related
activities. Judge Ramos said that question
will not be allowed - and when the Assistant
US Attorney asked to seal the transcript,
Judge Ramos agreed. But it was in open
court. Can you say, #Whorowitz?
On September 30
in an in-person final pre
trial conference, Cole's
lawyer argued that hearing
"$28 million" would be
prejudicial. The AUSA said it
show motive, and Judge Ramos
agreed, citing US v.
Quattrone, 441 F.3d 153,
179-80 (2d Cir. 2006).
Inner City
Press will continue to cover
the trial.
Watch this site.
The case is US
v. Cole, 19-cr-869
(Ramos).
***
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