DG - DG INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Dollar General Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Dollar General Class Action Lawsuit | Benzinga
SAN DIEGO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Dollar General Corporation (NYSE:DG) common stock between May 28, 2020 and August 30, 2023, inclusive (the "Class Period"), have until January 26, 2024 to seek appointment as lead plaintiff of the Dollar General class action lawsuit. The complaint captioned Washtenaw County Employees' Retirement System v. Dollar General Corporation was filed in the Middle District of Tennessee. The Dollar General class action lawsuit charges Dollar General and certain of its current and former top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Dollar General class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-dollar-general-corporation-class-action-lawsuit-dg.html
You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com.
CASE ALLEGATIONS: The Dollar General class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) 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from logistical and inventory management problems which left stores with tens of millions of dollars' worth of outdated and unwanted inventory, mispriced goods, and lost and damaged items; (ii) large backlogs of unsellable merchandise had built up at Dollar General's stores, which inventory had not been timely written down due to understaffing and Dollar General's failure to manage its inventory; (iii) the allotment of employee hours per store per week imposed by Dollar General management placed employees in virtually impossible situations where assigned tasks, including those necessary to effective store operations, could not be completed within the allotted ...