Jay-Z and Iconix Officially End Ongoing Legal Battles

For the past couple of years, Jay-Z has been intertwined in ongoing legal issues with Iconix Brand Group Inc., mainly for a lawsuit filed against Jay-Z's Roc Nation and Major League Baseball Properties for creating Roc Nation-branded baseball caps. Iconix claimed that Roc Nation's caps were infringing on its 2007 licensing agreement that allowed Iconix exclusive rights to manufacture and sell specific Rocawear products.Originally, Iconix argued that "[Jay-Z] and his various companies ... have de...