SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Dollar General Corporation(DG)
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) — Levi & Korsinsky notifies investors that it has commenced an investigation of Dollar General Corporation (“Dollar”) (NYSE: DG) concerning possible violations of federal securities laws.
On June 1, 2023, Dollar announced lower than expected results for the first quarter 2023. Further, the Company cut its guidance by almost 10% for the full year 2023 blaming it on “a function of the macroenvironment.” Analysts commenting on the Company’s missed guidance referenced its recent pricing shifts. Following this news, Dollar’s stock price fell by $39.23 per share, or approximately 20% to close at $161.86 per share. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.