Dole plc (DOLE)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Dole plc (“Dole” or the “Company”) (NYSE: DOLE). Investors who purchased Dole securities are encouraged to obtain additional information and assist the investigation.   

 

The investigation concerns whether Dole and certain of its officers and/or directors have violated federal securities laws.


On May 24, 2022, Dole issued a press release reporting its financial results for the first quarter of 2022.  Among other items, Dole reported revenue that fell short of expectation, attributing the results to a recall of the Company’s Value Added salads and “foreign currency translation.”  The Company also provided full-year revenue guidance in the range of $9.4 billion to $9.7 billion versus the prior expectation of $9.6 billion to $9.9 billion.  On this news, Dole’s stock price fell $1.23 per share, or 11.04%, to close at $9.91 per share on May 24, 2022.

 

If you are aware of any facts relating to this investigation or purchased Dole shares, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

 

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.  The firm has recovered hundreds of millions of dollars for investors nationwide.  Attorney advertising. Prior results do not guarantee similar outcomes.