Sketchy Billionaire Dumps A Chunk Of American Apparel Shares

Ex-Bill Clinton B.F.F., improbable modelizer, and owner of the private jet known as "Air Fuck One" Ron Burkle bought $6 million worth of American Apparel shares last summer. Then the stock price pretty much plummeted. Now he's reducing his stake. » 1/26/11 5:44pm 1/26/11 5:44pm

A Financial Scandal At American Apparel?

American Apparel's auditors resigned abruptly this summer, after announcing they had no confidence in the company's accounting structures or the reliability of its results. Now the ex-auditors have written to the SEC to dispute aspects of American Apparel's latest filing. » 12/23/10 5:15pm 12/23/10 5:15pm

Dov Charney Got A $1.1 Million Bonus Last Year

As American Apparel flirted with bankruptcy, suffered declining sales, got sued by Woody Allen, lost many of its workers following an immigration raid, and defended yet more sexual-harassment lawsuits, Dov Charney's performance was apparently so stellar he deserved a bonus. » 10/27/10 6:10pm 10/27/10 6:10pm

New American Apparel President Is Experienced In Bankruptcies (Updated)

American Apparel wasn't kidding about that new management stuff: it just hired a brand-new acting president. He is Tom Casey, who was Blockbuster's executive vice president and CFO until just before Blockbuster, um, went bankrupt. This should work out great! » 10/08/10 2:40pm 10/08/10 2:40pm