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GPM Announces Investigation of Dole Food Company, Inc.

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Glancy Prongay & Murray LLP ("GPM") announces that it is investigating potential claims on behalf of investors of Dole Food Company, Inc. ("Dole" or the "Company") (previously listed on NYSE: DOLE) who sold Dole securities between January 2, 2013 and October 31, 2013. The investigation focuses specifically on the Company's and its officers' possible violations of federal securities laws through the use of a deceitful scheme to depress the value of Dole securities and thereby acquire the publicly held shares of Dole in order to convert the Company into a privately-held enterprise owned by Dole Chairman and CEO, David H. Murdock ("Murdock").

Murdock made his initial proposal to take Dole private at $12.00 per share on June 12, 2013. Then, on August 12, 2013, the Board announced that Dole and Murdock had entered into and signed a definitive merger agreement by which Murdock would acquire all of the outstanding shares of Dole common stock not currently held by him for $13.50 per share. The Murdock acquisition of Dole closed on November 1, 2013.

If you sold Dole securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Posted-In: News Press Releases

 

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