After paying millions to women who claim to be victims of Dov Charney’s sexual exploits involving employees, American Apparel won a round in its battle with the former CEO and founder of the sexually charged retailer. But a source close to Charney says the defamation lawsuit is inconsequential as the legal issues that matter involve proxy fraud charges, diminishment of the company’s profitability and failure to sell the company to a willing buyer was available. Charney loses defamation lawsuit Charney’s defamation lawsuit against American Apparel and its primary financial backer, Standard General LP, was thrown out in California Superior Court,…
After Losing Defamation Case, Dov Charney To Focus On Other Legal Battles
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.