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Ex-American Apparel CEO seeks $40M in damages

2015-03-27 13:32:44| Apparel - Topix.net

The struggling clothing company's controversial founder is claiming more than $40 million in damages stemming from his surprise ouster last year, even as the retailer this week disclosed a probe by securities regulators into the affair. Los Angeles lawyer Keith Fink - who, in a twist, had formerly represented American Apparel employees suing Charney for harassment - said in a letter last week that the retailer is liable for $20 million to $25 million in damages for Charney's loss of employment.

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