Simpson Thacher Achieves Dismissal For Lion Capital
01.19.12
This is only gets display when printing
On January 13, 2012, in a 68 page opinion, Judge Margaret Morrow of the United States District Court for the Central District of California dismissed a securities class action against American Apparel, two American Apparel executives and Lion Capital. Plaintiffs alleged that Simpson Thacher client Lion Capital was a control person of American Apparel because of its position as one of American Apparel’s lenders. The Simpson Thacher litigation team included Chet Kronenberg and Michael Freedman in the Los Angeles office.