BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Dole Food Company, Inc. ("Dole" or the "Company") (previously listed on NYSE: DOLE) concerning the Company’s and its officers’ possible violations of federal securities laws through the use of a deceitful scheme to depress the value of Dole securities and thereby acquire the publicly held shares of Dole in order to convert the Company into a privately-held enterprise owned by Dole Chairman and CEO, David H. Murdock ("Murdock"). Law Offices of Howard G. Smith is preparing a lawsuit on behalf of injured investors.
Murdock made his initial proposal to take Dole private at $12.00 per share on June 12, 2013. Then, on August 12, 2013, the Board announced that Dole and Murdock had entered into and signed a definitive merger agreement by which Murdock would acquire all of the outstanding shares of Dole common stock not currently held by him for $13.50 per share. The Murdock acquisition of Dole closed on November 1, 2013.
If you sold Dole securities between January 2, 2013 and October 31, 2013 you may be entitled to compensation based on the Company and its officers allegedly deceitful scheme to depress the stock price. If you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.