Legal

American Apparel's latest financial savior isn’t worried about recent allegations that CEO Dov Charney sexually assaulted a group of his female employees. Michael Serruya, who last week managed to save American Apparel from defaulting on its debt covenants, said he thinks the sexual assault case against Charney is an attempt to take advantage of his bad image.

J.Crew was sued for naming its "Duquette leopard print sweater" after Tony Duquette, an interior designer known for his use of leopard print on wallpaper, fabric and furniture. Although Duquette died in 1999, his company continues to splash spots everywhere via his successor, Hutton Wilkinson, who has accused J.Crew of trademark infringement.

Overstock.com announced the search engine penalty enforced on it by Google in late February has been lifted. "We understand Google's position and we have made changes to remain clearly within their guidelines," said Overstock.com CEO Patrick Byrne.

Wegmans Food Markets has agreed to settle the trademark infringement lawsuit Walgreens filed against the supermarket chain over its use of a logo similar to the one used by the drug store company.

The verdict in the retrial over who owns the rights to the billion-dollar Bratz franchise means Mattel Inc. will owe MGA Entertainment Inc. millions of dollars. The outcome is a major turnabout from the 2008 trial, in which Mattel was awarded $100 million.

American Apparel, the Los Angeles clothier at risk of running out of money, has received board approval to raise at least $15 million from a group of private investors, said four people familiar with the process.

Clothing maker Jones Group is one of three potential buyers for upscale shoe and handbag maker Jimmy Choo. Jones Chief Executive Wesley Card told Reuters in February that his company was looking to buy brands that would help extend Jones' reach, particularly into overseas markets.

American Apparel is racing to secure $10 million in rescue financing to stave off bankruptcy. According to a report, the T-shirt retailer has held talks with an individual investor who's expressed interest in providing money in the form of equity. The company hopes to secure financing by this week.

A Montgomery County jury ordered Nordstrom to pay nearly $1.6 million to two women stabbed inside its Bethesda, Md. store six years ago, concluding that the retailer didn't adequately warn shoppers that a woman armed with four butcher knives was on the loose, attorneys said.

CVS Caremark has agreed to pay $17.5 million to resolve claims that it overbilled Medicaid, the Justice Department said. CVS ran into trouble with Medicaid programs in 10 states when it overbilled the government for prescription drugs, according to the Justice Department.