Got A Tip?

Star Seeker

American Apparel

Auditors Claim American Apparel Withheld Financial Info

Auditors Claim American Apparel Withheld Financial Info

american-apparels-former-auditors-claim-they-withheld-financial-information.jpg

And the saga continues.

American Apparel‘s former auditors have fired off a letter to the Securities and Exchange Commission notifying them about the clothing company’s filings for the 2009 financial year.

According to Deloitte & Touche, who abruptly resigned as AA’s accounting firm in July, their reports can’t be trusted because Dov Charney and the other execs withheld financial information.

That can’t be good.

American Apparel has already released a statement saying D&T’s claims aren’t true, but we wouldn’t be surprised if the SEC does a little investigation next year.

[Image via Getty Images.]

Related Posts

CLICK HERE TO COMMENT
Dec 24, 2010 10:45am PDT

Share This