American Apparel Lender Intensifies Demand For Repayment - Presented by: The Aol. On Network

A source close to the matter said on Monday that Lion Capital has ordered American Apparel to immediately repay a $10 million loan, after the retailer failed to do so by a July 4 deadline.The ousting of American Apparel Chief Executive Officer Dov Charney more than two weeks ago prompted Lion Capital to demand repayment of a loan that was originally due in 2018. Charney allegedly misused company funds and helped spread nude photos of a former employee.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 17.93 0.20 ▼ 1.10%
MU $ 18.795 1.11 ▼ 5.55%
FB $ 94.31 0.90 ▼ 0.95%
AAPL $ 121.19 1.18 ▼ 0.96%
SUNE $ 23.59 2.04 ▼ 7.96%
VALE $ 5.23 0.04 ▲ 0.77%
F $ 14.76 0.34 ▼ 2.25%
ABX $ 7.06 0.01 ▲ 0.14%

As of 7/31/2015, 02:53 PM