Investment Service
Dov Charney intensifies effort to regain control of American Apparel
Dov Charney intensified the campaign to get his job back at American Apparel Inc., the company he founded that unceremoniously ousted him last week.
Charney, who owns a 27% stake in the company, appears to be positioning himself to take back control of the company through an alliance with other shareholders, as well as to mount a legal battle.
In a Monday filing with the Securities and Exchange Commission, Charney said he is discussing options with supporters, including a shake-up of the retailer's board and management. Some of these supporters, who want Charney back helming the company, are stockholders, the filing said.
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