More Trouble for American Apparel

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As its debt problems rise and weekly protests continue by employees who want to unionize, the future is not looking good for downtown L.A. apparel maker American Apparel, the Los Angeles Times reports. The company is low on cash, and its stock dipped as low as 16 cents a share Friday. However, a Delaware judge ruled earlier this month that the company does not have to pay hundreds of thousands of dollars in legal fees to the company’s ousted founder, Dov Charney.

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