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Legal Issues

Ousted American Apparel Founder Dov Charney Seeks $40 Million in Damages

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Legal Issues

American Apparel Under Regulator Scrutiny for Possible Violations

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Failure

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American Apparel is a publicly traded fashion retailer. It was founded by Dov Charney, a divisive figure who served as the company’s CEO from 2007 when the company went public, to 2014 following allegations of his misuse of company funds and inappropriate conduct. Charney followed with a $40 million breach-of-contract suit that was filed in March 2015.