Edoardo Cignoli : American Apparel's Charney Faced Ultimatum: Quit or Be Fired

When Dov Charney arrived at a regularly scheduled American Apparel Inc. board meeting Wednesday, he was given two options: Resign immediately as head of the company he founded, or the board would fire him with cause, according to people familiar with the situation.



via WSJ.com: US Business http://ift.tt/1nV6WKy