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Uh Oh! American Apparel Investors Want To Sell Their Shares!
The Canadian investors who pumped $15 million into American Apparel last April is having a serious case of buyer's remorse.
According to WWD, Michael Serruya filed paperwork with the SEC on Tuesday that would allow the group of investors to sell their shares — all 43.2 million of them.
Ouch.
And to think Serruya was praising Dov Charney only 4 months ago.
[Image via Ramey Pix.]
Tags: american apparel, dov charney, investors, michael serruya, sec, sell, shares
Jessica Simpson Makes Her Move Into The Fine Jewelry Biz
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