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Stephen Yale-Loehr quoted in Daily Journal article regarding American Apparel’s lawsuit

Stephen Yale-Loehr was quoted in the February 2, 2011, edition of the Los Angeles Daily Journal. The article, "Shareholders Bring Novel Suits Over Workforce," discusses a securities fraud suit filed against American Apparel Inc. because its stock dropped following an immigration enforcement action that resulted in the firing of nearly a third of its factory workforce. "Certainly, this securities fraud action is the first opportunity that I know of for a jury to judge the immigration policies of a company," said Mr. Yale-Loehr. He noted that the case is especially interesting because American Apparel has taken a more liberal and publicized stance on immigration policies than other public companies. The company simultaneously asserted that it had tried to comply with immigration laws, he noted.

Stephen Yale-Loehr’s Biography

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