July 18, 2017
Attorneys for a Dole Food Co. stockholder class secured an $18.5 million fee award Tuesday as part of a $74 million settlement in a Delaware federal securities suit targeting insider efforts that artificially depressed Dole's stock price in 2013.
March 22, 2017
Dole Food Co., its CEO and general counsel struck a $74 million settlement with a class of investors in a Delaware federal case that had accused them of driving down Dole's price before a 2013 take-private deal, the second accord for the company and its brass over the transaction.
December 10, 2015
Two California investment funds that traded Dole Food Co. stock lodged a complaint in Delaware federal court on Wednesday accusing Dole executives of a purported fraud aimed at driving down the company's price before a 2013 take-private deal, echoing claims that were settled earlier this week.