American Apparel, Inc. (fka APPCQ)

[1nv3st0r_Gadg3t]

Except: I live here & know a coup'l of 'the players'... (Do you?)

If Dov has 'truly' seceded...and does NOT have 'anything up his sleeves' - then I guess it could be over. But I doubt he's really 'okay' simply being 'a paid consultant with no access' in his own company. JMHO. But a final determination won't come until AFTER a committee (made up of a few Directors & a 3rd Party consulting co.) do some 'fact-finding'...
~ He may possibly be reinstated as CEO...or nothing at all. Once THAT is completed, he can still file a lawsuit - if he so chooses. Make no mistake about that.

Your information is INCORRECT.

And, I don't get my info. from chat boards...
~ Especially if I know any 'horses in the stall' - who can tell me what the other 'horse's mouth' says. (Did you follow?)

But thanks for the update. As you can see from my post history - $APP has NOT been part of my "stocks-box"...(for 'obvious' reasons, maybe?)

GLTY