charney was using American Apparel as his cash cow using money belonging to the Company for his own personal use. It’s no wonder that the Company WAS in shambles until Paula and crew came to the rescue.
I would like to see charney fined by the SEC and then sent to the slammer.
Sure enough nisenbaum, charney and their ambulance chaser lawyer fink are all playing the ethnicity card, their version of the race card.
Could it be nisenbaum that your CFO position was passed onto a more qualified individual??? charney and his cronies ran this company to near bankruptcy, now it’s up to Paula to dig her way out and try her best to turn this company around.
Below from LA Times:
“Luttrell was also openly hostile toward Nisenbaum, the suit alleges. Sometimes the former finance chief would sneer, make rude hand gestures or pretend that Nisenbaum "smelled bad." Nisenbaum said he believed that Luttrell had a problem with his Jewish faith.
"Mr. Nisenbaum is informed and believes that his position and job duties and responsibilities were offered to and bestowed to less qualified non-Jewish individuals subsequent to his employment," the lawsuit says.
Nisenbaum said all references to Sarbanes-Oxley violations and his religious discrimination complaint were removed from his personnel file, which he request after his termination, the suit says.”
Dov’s interview on 20/20 last night made him out to look out to be one sick puppy. The man is wacked. I’m not sure why his lawyer allowed him to do that interview that was taped in dov’s mansion. Obviously the lawyer and charney are of the same cloth. I hope that the SEC looks into how he is able to attain his lifestyle. He has been banned from the Company so his days of taping into the Company’s coffers are over.
Dov continues to live the high-life living in a 10-bedroom mansion somewhere near the LA area.
Paula came across as one steady individual that will be able to turn this Company around. There is such a dissimilarity between Paula and dov.
Stull, Stull & Brody wants to assist us the shareholders with their lawsuit brought on by the lead shareholder dove charney. This man is sick; he does not want to see APP profitable if he’s not involved.
Paula and her new organization are shaking things up at APP……
The NEW AMERICAN APPAREL is looking for a new look for their present mundane style.
Band of Outsiders’ Menswear Designer Heads to American Apparel
jonesbowles... I noticed that there was no mention of the doofus dov charney in your rant. charney the one that ran this company to near bankruptcy. TG we now have stable minds running this company.
I'm guessing that jonesbowles is charney, finky,, or another tribe member. Maybe cohen under a different alias.
God only knows, we need all the help we can get. The more women we employ to run this Company will
benefit both the employee's and shareholders. I am looking forward to seeing a new APP website maybe one with less skin. Our present web site lacks design when compared to other sites.
Dov has his cronies and tribe members following him under #teamdov. I say someone needs to get something going on #teamPaula. I chuckle when I see dov’s attorneys’ last name.
CORRECTION.... It is not Matt Gutman that is doing the interview. Not sure who the interviewer is, don't recognize the man.
20/20 which follows Shark Tank will have Matt Gutman interviewing the King of Sleaze charney tonight (3/27/15). Don’t sit too close to your TV you might catch airborne gonorrhea.
Anyone with any news as to why we were up at Friday's close? I don't recall seeing a green closing in weeks; hopefully we will hear some positive news from APP soon.
I have a L-O-N-G way to go to break even here guys.
When I click on the APP web site I see clothing that a street walker might be interested in but thin I clicked on their Vintage Clothing link and see a totally different line of clothing for young girls/women. This clothing looks pretty good. APP needs to re-vamp their web site by replacing the trash with their smart looking clothing.
Well I believe that the SEC will be looking into APP’s losses and the cause of those losses. I just hope that Dov was not skimming money off the APP profits for his own personal use. He does not come across as an upstanding guy.
It is well known about his behavior with some of the ladies of APP.
Dov may end up in the slammer… who knows!
Buy for the long-term. I look forward to Paula and her crew to turn things around.
Thanks, just found it.
“(Bloomberg) -- American Apparel Inc. director Robert Mintz, a childhood friend of founder Dov Charney, resigned from the retailer’s board, according to two people familiar with the situation.”
From NY Times
"Struggling American Apparel Begins Layoffs
By HIROKO TABUCHIAPRIL 1, 2015
American Apparel has started laying off about 180 employees mainly in manufacturing as part of a bid by its new chief executive to streamline the retailer’s money-bleeding operations."
This was a rather lengthy article. To find the complete article just do a Google search for American Apparel News.
Earnings Whisper ®: N/A
Consensus Estimate: ($0.02)
Surprise Expectation 1:
Release Date: [not confirmed] 3/12/2015
Expected Time 2: 4:30 PM ET
Conference Call: N/A
I failed to mention that I didn't notice any spandex or butt-cheek models on Lilly's site.. I think that APP has a monopoly on spandex. We are the spandex Kings/Queens in the garment industry.