A batch of internal e-mails stolen from American Apparel on Christmas Eve has caught the attention of the Securities and Exchange Commission, sources told The Post.
The SEC has launched a probe into electronic correspondence between executives at the trendy retailer, including an alleged Christmas Eve e-mail from American Apparel's new financial chief saying the company "almost went bankrupt," sources said.
The probe is a fresh distraction for CEO Dov Charney, who is now scrambling to raise cash to pay off impatient creditors amid a brutal shopping environment.
The SEC has launched a probe into electronic correspondence between executives at the trendy retailer, including an alleged Christmas Eve e-mail from American Apparel's new financial chief saying the company "almost went bankrupt," sources said.
The probe is a fresh distraction for CEO Dov Charney, who is now scrambling to raise cash to pay off impatient creditors amid a brutal shopping environment.
Earlier this month, Charney met with billionaire investor Ron Burkle, requesting new financing to prop up the cash-strapped retailer, sources said.
It couldn't immediately be determined whether Burkle has agreed to help Charney.
Also unclear is whether the SEC probe has reached the status of a formal investigation. An SEC spokesman declined to comment.
Separately, police are investigating a Christmas Eve break-in to American Apparel's computer systems, according to people close to the company.
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It couldn't immediately be determined whether Burkle has agreed to help Charney.
Also unclear is whether the SEC probe has reached the status of a formal investigation. An SEC spokesman declined to comment.
Separately, police are investigating a Christmas Eve break-in to American Apparel's computer systems, according to people close to the company.
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