Comments on: Reading between the lines at American Apparel… http://www.footnoted.com/buried-treasure/reading-between-the-lines-at-american-apparel/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: David Sachs http://www.footnoted.com/buried-treasure/reading-between-the-lines-at-american-apparel/comment-page-1/#comment-4755 David Sachs Wed, 19 Mar 2008 21:37:27 +0000 http://www.footnoted.com/buried-treasure/reading-between-the-lines-at-american-apparel/#comment-4755 American Apparel certainly has had some funky stuff in their filings. The proxy that Endeavor Acquisition filed in late December (the SPAC that acquired the formerly private AA business) had all kinds of unusual details, like a substantial number of related party transactions. Most interesting, though, was the list of apartments the company keeps in New York and Los Angeles. What are these for exactly? And do they likely contribute to whatever liability the company will be assessed in said lawsuits? Search for "Leases for company apartments" here: http://edgar.sec.gov/Archives/edgar/data/1336545/000119312507254917/ddefm14a.htm American Apparel certainly has had some funky stuff in their filings. The proxy that Endeavor Acquisition filed in late December (the SPAC that acquired the formerly private AA business) had all kinds of unusual details, like a substantial number of related party transactions.

Most interesting, though, was the list of apartments the company keeps in New York and Los Angeles. What are these for exactly? And do they likely contribute to whatever liability the company will be assessed in said lawsuits?

Search for “Leases for company apartments” here:
http://edgar.sec.gov/Archives/edgar/data/1336545/000119312507254917/ddefm14a.htm

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