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You’re Dov Charney, you’re 45 years old, and you’ve just been fired as CEO of American Apparel American Apparel – the company you set up. And you’ve even been fired for “cause,” meaning the board is trying to avoid paying you any severance. You still own 27% of the company. That’s 47 million shares. To put this in context, American Apparel stock soared Thursday following news that you’d been kicked out. That means that you actually made about $2 million on your stock Thursday simply because you’d been fired.

“How American Apparel’s Ousted CEO Dov Charney Could Get His Revenge” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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