Topics

U.S. Securities and Exchange Commission
Dov Charney seeks millions in pay, damages from American Apparel
Dov Charney seeks millions in pay, damages from American Apparel

Dov Charney, who was fired as chief executive of American Apparel in December after an internal investigation revealed personal and professional misconduct, plans to seek up to $35 million in damages from the company. Those damages, being sought through an arbitration petition, include nearly $6 million in severance and $1.3 million for unpaid vacation days, according to a letter sent to the law firm representing American Apparel by Charney's lawyer, Keith Fink. Fink, who supplied the letter to the Los Angeles Times, said the "egregious facts" surrounding Charney's firing could also result in a claim for $10 million or more for emotional damages. Charney, who...

Loading