Rosen law firm announces investigation of dole food company, inc. in connection with its going private proposal – dole

New york--(business wire)--the rosen law firm is investigating the board of directors of dole (nasdaq: dole) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from its chairman and chief executive officer. if you would like to join the action please email or call phillip kim or kevin chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. there is no cost or obligation to you. under the terms of the proposal, offered by dole’s chairman of the board and chief executive officer, david murdock, shareholders will receive $12.00 for each share of dole stock they own. david murdock is the largest stockholder of dole and already controls approximately 40% of the total number of outstanding shares. the investigation relates to whether the price of $12.00 per share is fair to public shareholders and whether dole’s board breached its fiduciary duties in connection with the proposal. if you own dole common stock and wish to obtain additional information, you may contact phillip kim or kevin chan of the rosen law firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. the rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. attorney advertising. prior results do not guarantee a similar outcome.
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