HE - Investigation Alert Dollar General Charles River Acadia Healthcare and Hawaiian Electric: Johnson Fistel LLP Encourages Long-Term Investors to Submit Their Information Below | Benzinga
SAN DIEGO, Dec. 05, 2023 (GLOBE NEWSWIRE) --
Dollar General Corporation
Johnson Fistel, LLP is investigating potential claims on behalf of Dollar General Corporation (NYSE:DG) against certain of its officers and directors.
If you are a current, long-term shareholder of Dollar General holding shares before May 28, 2020, you may have standing to hold Dollar General harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:
https://www.cognitoforms.com/JohnsonFistel/DollarGeneralCorporation
Recently a class action lawsuit was filed against Dollar General. The 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from logistical and inventory management problems which left stores with tens of millions of dollars' worth of outdated and unwanted inventory, mispriced goods, and lost and damaged items; (ii) large backlogs of unsellable merchandise had built up at Dollar General's stores,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 time; (iv) 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; (v) Dollar General's reported revenue and ...