-
American Apparel founder and CEO hit with $250 million teen sex suit
New York -- Dov Charney, the controversial founder and CEO of American Apparel, has been hit with his most serious lawsuit to date. Charney, 42, who has previously dodged lawsuits claiming sexual harassment, as well as non litigious-claims about a sexually-charged work environment, is being sued for $250 million in damages for allegedly forcing a teen employee to perform sexual acts.
-
Walgreens says farewell to PBM business
DEERFIELD, Ill. — Walgreens on Wednesday sold its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions in a cash transaction for $525 million, subject to certain adjustments. The transaction is structured as an acquisition of all of the capital stock of WHI.