American Apparel Gets Subpoena From U.S. Over Transfer Pricing Policies
American Apparel said it received a subpoena from the U.S. Attorney's Office for the Central District of California for documents relating to a complaint filed by a former employee with the Occupational Safety & Health Administration in November 2010. The information was disclosed in a regulatory filing.
The complaint contains allegations regarding American Apparel's policies regarding foreign currency transactions and transfer pricing, according to the filing.
"The company intends to fully cooperate with this subpoena," American Apparel said in the filing.
American Apparel said it's involved in other employment-related claims and management "believes that all such claims against the company are without merit."
- Companies:
- American Apparel
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