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More Posts on American Apparel
Earlier this week, the Los Angeles-based company received a $300 million bid from a group of investors who are backing the return of Dov Charney.
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The embattled retailer warned investors could face 'substantial or total losses' of their investments.
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The company wants nothing to do with Dov Charney anymore.
Charney is seeking millions of dollars for a breach of employment contract, his attorney said.
The investigation is looking into a potential legal violation related to Dov Charney, the company's founder and former chief executive officer.
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