NY Post Reports Dov Charney will Attempt to Take Back Reins of American Apparel

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According to the
NY Post
, Dov Charney, ousted by the American Apparel
APP
Board as CEO on Wednesday, is seeking shareholder support and additional board seats, in an attempt to gain a majority. According to sources, Charney could attempt to increase the number of directors to 13, with the help of shareholders Lion Capital and FiveT Capital. View full article http://nypost.com/2014/06/19/toppled-american-apparel-ceo-plots-to-retake-helm/ .
Posted In: NewsRumorsManagementM&ANY Post
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