DG - Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against Dollar General Corporation (DG) | Benzinga
SAN DIEGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired Dollar General Corporation (NYSE:DG) common stock between May 28, 2020 and August 30, 2023. Dollar General is a discount retailer that sells consumer goods, including packaged foods, fresh foods and produce, beauty and household products, and beer and wine, primarily throughout the southern, southwestern, midwestern, and eastern United States.
For more information, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What is this Case About: Dollar General Corporation (DG) Made False and Misleading Statements Regarding its Business Prospects
According to the complaint, during the class period, defendants failed to disclose that:
(a) 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from logistical and inventory management problems, which left stores with tens of millions of dollars' worth of outdated and unwanted inventory, mispriced goods, and lost and damaged items;
(b) large backlogs of unsellable merchandise had built up at Dollar General's stores, which inventory had not been timely written ...
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