Breaking News: American Apparel fires founder Dov Charney

American Apparel fires founder Dov Charney Los Angeles Times | December 16, 2014 | 2:00 PM American Apparel today officially fired Chief Executive Dov Charney. The Los Angeles company said its board terminated Charney "for cause in accordance with the terms of his employment agreement." The board suspended Charney on June 18 for alleged misconduct and violations of company policy, and acted after completing an internal investigation.  The company, which suffered a summer of upheaval after suspending Charney, said Paula Schneider, a long-time fashion industry executive, will take over as CEO starting Jan. 5.  For the latest information go towww.latimes.com.