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American Apparel Investors Hit Hurdle In CEO Antics Suit

By Daniel Siegal (April 13, 2015, 9:11 PM EDT) -- A California federal judge on Monday threw out a shareholders' derivative suit alleging American Apparel Inc. executives harmed the retailer by ignoring ex-CEO Dov Charney's sexual misconduct and financial mismanagement, saying shareholders will need to file an amended complaint stating exactly when they purchased their shares if they want to proceed....

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