Got A Tip?

Star Seeker

American Apparel

American Apparel Dropped By Auditor

American Apparel Dropped By Auditor

ap090728018533_e.jpg
Even MORE bad news for American Apparel.
On top of being dangerously close to defaulting on a huge loan, AA’s accounting firm Deloitte & Touche resigned as the clothing company’s auditor.
After the announcement, American Apparel’s stock slipped 14.4%, which may sound like a lot but since they’ve been having such a shiteous year the loss was only 26 cents.
Wonder what else will go wrong for Dov this year?
[Image via AP Images.]

CLICK HERE TO COMMENT
Jul 30, 2010 12:00pm PDT