Dollar General Corporation (NYSE:DG) Lawsuit Update: Investors Who Lost Money With Shares of Dollar General Corporation (NYSE:DG) Should Contact the Shareholders Foundation
SAN DIEGO, CA, September 11, 2024 (Newswire.com) - The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Dollar General Corporation (NYSE: DG) shares. Investors in NYSE: DG shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554
The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Dollar General Corporation (NYSE: DG) shares.
Investors who purchased shares of Dollar General Corporation (NYSE: DG) prior to May 2020 and continue to hold any of those NYSE: DG shares have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On November 27, 2023, an investor in NYSE: DG shares filed a lawsuit against Dollar General Corporation alleged securities laws violations. The plaintiff alleged that the defendants made misleading statements and/or failed to disclose that Dollar General stores were chronically understaffed and suffering from logistical and inventory management problems which left stores with tens of millions of dollars' worth of outdated and unwanted inventory, mispriced goods, and lost and damaged items, that Dollar General was systematically overcharging customers for items upon checkout above the listed price in violation of state laws, including state law violations identified by state regulators in Arizona, Louisiana, Mississippi, Missouri, North Carolina, and Ohio, that Dollar General's reported revenue and earnings between May 28, 2020 and August 30, 2023 were artificially inflated by defendants' over-pricing scheme, and that Dollar General was not on track to achieve its guidance between May 28, 2020 and August 30, 2023 and such guidance lacked a reasonable factual basis.
On June 2024, a consolidated amended complaint was filed.
Those who purchased shares of Dollar General Corporation (NYSE: DG) should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
Contact Information
Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
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