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In lawsuit, Dov Charney claims conspiracy between American Apparel, Standard General

In lawsuit, Dov Charney claims conspiracy between American Apparel, Standard General

The yearlong battle between American Apparel Inc. and founder Dov Charney has taken another twist, with Charney filing a lawsuit accusing company officials and hedge fund Standard General of conspiring to push him out of the company last June. The lawsuit, part of a flurry of legal actions by both sides, alleges fraud and conspiracy, among other things. Charney is seeking damages of $100 million and wants agreements rescinded that gave control of his American Apparel stock to Standard General and removed him from the company's board. The complaint, filed Wednesday in Los Angeles County Superior Court, lays out an effort by current company board member Allan Mayer, former Chief...

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