{"id":96093,"date":"2023-12-31T05:15:35","date_gmt":"2023-12-31T05:15:35","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=115386"},"modified":"2023-12-31T05:15:35","modified_gmt":"2023-12-31T05:15:35","slug":"rosen-a-highly-recognized-law-firm-encourages-dollar-general-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-dg","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-a-highly-recognized-law-firm-encourages-dollar-general-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-dg\/","title":{"rendered":"ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Dollar General Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 DG"},"content":{"rendered":"
\n

NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Dollar General Corporation (NYSE: DG) between May 28, 2020 and August 30, 2023, both dates inclusive (the \u201cClass Period\u201d), of the January 26, 2024 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased Dollar General common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the Dollar General class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=20693<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 26, 2024<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases<\/strong>. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Dollar General stores were chronically understaffed and suffering from logistical and inventory management problems which left stores with tens of millions of dollars\u2019 worth of outdated and unwanted inventory, mispriced goods, and lost and damaged items; (2) large backlogs of unsellable merchandise had built up at Dollar General\u2019s stores, which inventory had not been timely written down due to understaffing and Dollar General’s failure to manage its inventory; (3) 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; (4) 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; (5) Dollar General\u2019s reported revenue and earnings during the Class Period were artificially inflated by defendants\u2019 over-pricing scheme; (6) Dollar General\u2019s failure to manage store inventories and accurately price items upon checkout risked the loss of customers, lower sales, adverse regulatory actions, and reputational fallout; (7) Dollar General was not on track to achieve the 4Q22 guidance provided to investors of 6% to 7% same-store sales growth or quarterly diluted earnings per share (\u201cEPS\u201d) of $3.15 to $3.30, and was running more than one hundred million dollars behind Dollar General\u2019s annual net sales guidance of 11% growth; and (8) as a result, defendants’ statements about Dollar General\u2019s business metrics, operations, and financial prospects were materially false and misleading and\/or lacked a reasonable factual basis when made. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Dollar General class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=20693<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 9010745<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Dollar General Corporation (NYSE: DG) between May 28, 2020 and August 30, 2023, both dates inclusive (the \u201cClass Period\u201d), of the January 26, 2024 lead plaintiff deadline. SO WHAT: If you [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Dollar General Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 DG - Jordan News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jordannewsgazette.com\/rosen-a-highly-recognized-law-firm-encourages-dollar-general-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-dg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Dollar General Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 DG - Jordan News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Dollar General Corporation (NYSE: DG) between May 28, 2020 and August 30, 2023, both dates inclusive (the \u201cClass Period\u201d), of the January 26, 2024 lead plaintiff deadline. 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