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NEW YORK, Jan. 20, 2017 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Dollar General Corporation (NYSE:DG) between March 10, 2016 and November 30, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Middle District of Tennessee. To get more information go to:
http://www.zlk.com/pslra/dollar-general-corporation
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that during the Class Period the Company made false and/or misleading statements and/or failed to disclose that the announced limitations on SNAP benefits would have a material impact on its financial performance since 56% of Dollar General’s stores are located in states that re-implemented time limitations on SNAP benefits in 2016, and therefore the impact of SNAP reductions would be disproportionate to the percentage of the Company’s overall sales comprised of SNAP payments. These statements were significant to shareholders because they were made in response to concerns by analysts that SNAP benefits would be reduced in several states – which could impact Dollar General’s sales to the extent its business operations were exposed to SNAP changes.
If you suffered a loss in Dollar General you have until March 20, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
