Embattled American Apparel Inc (AAP) CEO Gives Up Stock – ValueWalk Premium
American Apparel

Embattled American Apparel Inc (AAP) CEO Gives Up Stock

Embattled American Apparel Inc (NYSEMKT:APP) founder a Chief Executive Officer Dov Charney, ousted from the sexually aggressive retailer for assisting with nude photos of a former employee and romantic partner to be published on a web site,  has handed over his entire stake and voting rights in the struggling retailer to a friendly hedge fund for negotiations.


Charney failed to gain majority control of the company

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