Ousted chairman Charney reports 42.98 percent stake in American Apparel

http://ift.tt/eA8V8J Charney, ousted from the company on June 18 for alleged misuse of corporate funds and his role in disseminating nude photos of an ex-employee, said he has also called for a special meeting of stockholders on Sept. 25. The former CEO, already the biggest shareholder in American Apparel with a 27.2 percent stake, said the increased stake reflected his holding as of last Friday. American Apparel last Saturday said it has adopted a shareholder rights plan after Charney expressed plans to increase influence over the company.



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