Morgan & Morgan Announces the Investigation of Dole Food Company (DOLE)

Jun 14, 2013, 07:53 ET from Morgan & Morgan

NEW YORK, June 14, 2013 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Dole Food Company, Inc. ("Dole" or the "Company") (NYSE: DOLE) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by the Company's Chairman of the Board and Chief Executive Officer, David H. Murdock, in a transaction valued at approximately $1.5 billion.

If you purchased Dole and want more information about the Dole takeover investigation, please contact George Pressly, Esq. at 1(800) 631-6234 or email George at AskGeorge@morgansecuritieslaw.com.

Under the terms of the proposal, public shareholders of Dole will receive $12.00 per share in cash for each share of Dole they own.

Morgan & Morgan's investigation concerns whether Dole's Board of Directors breached its fiduciary duties to act in the best interests of Dole shareholders and to take all necessary steps to ensure that Dole shareholders receive the maximum value readily available for their shares of Dole common stock. 

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY  10036
1-800-631-6234
info@morgansecuritieslaw.com

SOURCE Morgan & Morgan



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