SecuritiesSleuth Assesses the Dollar General (NYSE: DG) Restatement

Apr 30, 2001, 01:00 ET from SecuritiesSleuth

    WASHINGTON, April 30 /PRNewswire/ -- The SecuritiesSleuth
 (securitiessleuth.com) notes that this morning, investors watched the price of
 their Dollar General Corporation (NYSE:   DG) holdings plummet at the open,
 after it announced that "accounting irregularities" would force a restatement
 of its financial results for the last three years.
     This impending financial restatement is having a painful impact on the
 Company's investors, who have watched the sudden evaporation of 25% of their
 investment value.  Nevertheless, the Company has not yet released any
 substantive information about these "irregularities."  To fill this
 information gap, the SecuritiesSleuth has taken an in-depth look at this
 situation, reaching beyond generally available news coverage to identify
 possible sources for this problem.  This report can be found on the Internet
 at securitiessleuth.com.
     SecuritiesSleuth will continue to watch this situation develop, and will
 update this report as needed.
     The SecuritiesSleuth website is designed to uncover fraud and protect
 investors.  When investors think of stock market fraud, they often focus on
 pump & dump scams or shady brokers.  However, corporate restatements have a
 more dramatic impact, as they often wipe out tens of millions of dollars of
 market capitalization in a single day.  In addition, the possibility of
 unexpected future restatements has added a whole new level of investment
 uncertainty, and one that could rapidly destroy investor confidence in the
 market.
 
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                http://tbutton.prnewswire.com/prn/11690X19784762
 
 

SOURCE SecuritiesSleuth
    WASHINGTON, April 30 /PRNewswire/ -- The SecuritiesSleuth
 (securitiessleuth.com) notes that this morning, investors watched the price of
 their Dollar General Corporation (NYSE:   DG) holdings plummet at the open,
 after it announced that "accounting irregularities" would force a restatement
 of its financial results for the last three years.
     This impending financial restatement is having a painful impact on the
 Company's investors, who have watched the sudden evaporation of 25% of their
 investment value.  Nevertheless, the Company has not yet released any
 substantive information about these "irregularities."  To fill this
 information gap, the SecuritiesSleuth has taken an in-depth look at this
 situation, reaching beyond generally available news coverage to identify
 possible sources for this problem.  This report can be found on the Internet
 at securitiessleuth.com.
     SecuritiesSleuth will continue to watch this situation develop, and will
 update this report as needed.
     The SecuritiesSleuth website is designed to uncover fraud and protect
 investors.  When investors think of stock market fraud, they often focus on
 pump & dump scams or shady brokers.  However, corporate restatements have a
 more dramatic impact, as they often wipe out tens of millions of dollars of
 market capitalization in a single day.  In addition, the possibility of
 unexpected future restatements has added a whole new level of investment
 uncertainty, and one that could rapidly destroy investor confidence in the
 market.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X19784762
 
 SOURCE  SecuritiesSleuth