Press release from Business Wire
DOLE FOOD COMPANY, INC. INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Dole Food Company, Inc. Following Announcement of Proposed Sale of Company to its Chairman and CEO
Monday, August 12, 2013
DOLE FOOD COMPANY, INC. INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Dole Food Company, Inc. Following Announcement of Proposed Sale of Company to its Chairman and CEO21:28 EDT Monday, August 12, 2013
NEW ORLEANS (Business Wire) -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) announce that KSF has commenced an investigation into the Board of Directors of Dole Food Company, Inc. (“Dole” or the “Company”) (NYSE: DOLE) in connection with their conduct related to the proposed sale of the Company to its Chairman and CEO, acting through his affiliates. Under the terms of the proposed transaction, shareholders of Dole would receive $13.50 in cash for each share of Dole common stock that they own.
KSF's investigation is focusing on the Board's process for considering the proposed transaction; whether Dole and/or its officers and directors are working in shareholders' best interests; whether the proposed consideration is adequate, fair, and consistent with the fair or inherent value of Dole; and whether the Chairman and CEO is using his position in order to purchase the Company at an unfair price.
If you have information that would assist KSF in its investigation, or would like to discuss your legal rights, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (firstname.lastname@example.org) or attorney Michael Palestina (email@example.com) toll free at 855-768-1857 or via cell phone any time at 504-236-7315.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on transactional litigation, as well as securities class action and shareholder derivative litigation. With offices in New York and Louisiana, KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Michael Palestina, Esq., 855-768-1857