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Stock Market & Financial Investment News

News Breaks
June 26, 2014
13:37 EDTAPPAmerican Apparel lender demands loan repayment, NY Post reports
Lion Capital has demanded immediate repayment of a $10M loan to American Apparel, forcing the retailer to raise funds to pay it off, New York Post reports. Reference Link
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September 29, 2014
08:37 EDTAPPAmerican Apparel appoints Scott Brubaker as interim CEO, Hassan Natha as CFO
American Apparel announced the appointment of Scott Brubaker as Interim CEO and Hassan Natha as Executive Vice President and CFO, effective immediately. Brubaker is a Managing Director at Alvarez & Marsal, and replaces John Luttrell as Interim CEO. Natha, who replaces Luttrell as CFO, has more than 20 years of experience in finance with both public and private companies, including service as Chief Financial Officer at Fisher Communications, Inc. and Jones Soda Company. John Luttrell, who had been serving as Interim Chief Executive Officer and Chief Financial Officer, is resigning from the company.

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