DOLE FOOD COMPANY SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Breaches of Fiduciary Duty in Connection With Going Private Proposal From Company's CEO

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 06/20/13 -- Levi & Korsinsky notifies investors of Dole Food Company, Inc. ("Dole" or the "Company") (NYSE: DOLE) of claims of breaches of fiduciary duty and other violations of state law in connection with a going private proposal from the Company's Chairman and Chief Executive Officer, David Murdock. A complaint was filed in California state court.
Click here to learn more about the investigation , or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction Murdock would pay $12 for each share of Dole stock he does not currently own; he currently owns approximately 40% of Dole's outstanding shares. The claims concern, among other things, whether the proposed consideration to be paid to Dole shareholders is unfair, inadequate, and substantially below the fair or inherent value of Dole, and whether Murdock is taking advantage of his position in order to purchase the Company at an unfair price.
If you own common stock in Dole and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit .
Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 20.06.2013 - 17:05 Uhr
Sprache: Deutsch
News-ID 271862
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Legal
Diese Pressemitteilung wurde bisher 227 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DOLE FOOD COMPANY SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Breaches of Fiduciary Duty in Connection With Going Private Proposal From Company's CEO"
steht unter der journalistisch-redaktionellen Verantwortung von
Levi & Korsinsky, LLP (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).