Sex, money, betrayal: The bizarre brawl between American Apparel and its founder, Dov Charney, has all that and more. But now this tabloid tale is coming down to a seemingly staid bit of finance: The bonds.

WOODY ALLEN agreed yesterday to a $5 million (€3.7m) settlement in his lawsuit accusing a trendy clothing company of using an image parodying him as a rabbi without his permission.

US star Woody Allen won a $5m last-minute settlement over a lawsuit against US clothing giant American Apparel today.

Woody Allen finds nothing amusing about an American Apparel billboard depicting him as a bearded Hasidic Jew.