TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Italy Fines Apple €98.6 Million Over App Store Dominance 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
 - EconoTimes)
NEW ORLEANS, Jan. 20, 2017 -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 20, 2017 to file lead plaintiff applications in a securities class action lawsuit against Dollar General Corporation (NYSE:DG), if they purchased the Company’s securities between March 10, 2016 and November 30, 2016, inclusive (the “Class Period”). The action is pending in United States District Court for the Middle District of Tennessee.
What You May Do
If you purchased securities of Dollar General and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by March 20, 2017.
About the Lawsuit
Dollar General and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 25, 2016, Dollar General announced disappointing second quarter 2016 financial and operational results caused by “a reduction in both SNAP participation rates and benefit levels.”
Then, on December 1, 2016, Dollar General announced third quarter 2016 financial and operational results that included a reduction in same-store sales. The Company cited reductions in SNAP benefits as a major contributor of the disappointing results, and admitted that the benefit reductions “affect [ ] about 56% of our store base.”
On this news, the price of Dollar General’s shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 206 Covington St. Madisonville, LA 70447
