Photo detail

Stories this photo appears in:

Tease photo

Lawsuit Claims Hedge Fund Benefits if American Apparel Goes Bankrupt


An American Apparel class-action shareholder lawsuit filed April 29 claims that the apparel company is being held hostage by Standard General, the New York hedge fund that is a controlling stockholder, and that the hedge fund would reap enormous profits if American Apparel declares bankruptcy.


Use the comment form below to begin a discussion about this content.

Sign in to comment