The Temporary Prohibition Order Against Founder Dov Charney Was Acquired By AA Dress.

American Apparel Inc. (NYSEMKT:APP) was approved by the judges in late May for a temporary injunction against Group founder and former CEO Dov Charney.

The Delaware judge made the decision based on the termination agreement signed by Dov Charney in July 2014 with the private equity fund Standard General LP.

Dov Charney will be prohibited from directly or indirectly banning the members of the board of directors of American Apparel Inc., and may not make slandered comments on the American or Apparel Inc. and the former or incumbent employees of the group.

Dov Charney and Standard General LP used to be "close" comrades, Dov Charney had mortgaged their American Apparel Inc. shares to the fund, but eventually they could only hand over their shareholdings and voting rights to each other.

In order to retaliate against the hatred of American Apparel Inc., which was controlled by Standard General LP, Dov Charney claims $30 million for Standard General LP in early May.

According to the Losangeles court documents numbered as No. BC581130, Dov Charney sued Standard General LP through its American Apparel Inc. board of directors, and paid the external law firm Jones to make it no longer suitable for the chief executive officer of the company, including a "false" investigation. The company claims that the company's respect for the media is based on the third party investigation.

And it is "persecution" and "disguise" of Standard General LP.

For the prosecution of Dov Charney, Standard General L said it was unreasonable.

Dov Charney is also seeking $40 million in compensation for American Apparel Inc., including $6 million in severance payment, $1 million 300 thousand in vacation allowance and $13 million in company shares.

At the same time, American Apparel Inc. opposed Dov Charney against the above Suspension Agreement and applied for an injunction to the court a week later.

With regard to the prohibition order,

Stephen Brauerman, a lawyer, said: "the order of the court is temporary.

We are not entitled to challenge the court's verdict, and Charney will comply with the order.

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American Apparel Inc. will hold its annual shareholders' meeting in July 18th.

It is reported that Dov Charney attempted to launch a proxy battle in the conference and seek to change the existing board members of American Apparel Inc..

Only 986 American Apparel Inc. (NYSEMKT:APP) shareholders Jeffrey Kolb Kolb nominated the former group directors and chief financial officer Adrian Kowalewski, and the former director candidate Gene Montesano joined the board of directors, and Jeffrey was a former employee of the group.

American Apparel Inc. (NYSEMKT:APP) also nominated Laura Lee, Thomas Sullivan and Lyndon Lea.

In the first quarter, American Apparel Inc. spent $1 million 500 thousand on litigation with Dov Charney and other law firms.

The company is getting more and more worried about the breakage.

As of the first quarter of March 31st, the Group acquired Standard General LP for $15 million in March, and net cash increased from $8 million 300 thousand at the end of the fourth quarter to $20 million 900 thousand, but the future group has a 14 million dollar interest rate to repay.

To this end, a $10 million stake was raised again to raise funds.

American Apparel Inc. expanded in the first quarter from a net loss of $5 million 500 thousand a year or a loss of $0.05 per share to $26 million 400 thousand, or a loss of $0.15 per share.

Quarterly sales fell 9.4% to $123 million 400 thousand, compared with $137 million 100 thousand a year ago.

American Apparel Inc. (NYSEMKT:APP) Zhou Yishou reported $0.565, which has fallen by 47.6% since 2015.