Dole Shareholders Garner $18.5M In Fees In Securities Case

Law360, Wilmington (July 18, 2017, 9:39 PM EDT) -- 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.

The fee, along with about $694,000 for expenses and costs, went to lead counsel Bernstein Litowitz Berger & Grossmann LLP and Entwistle & Cappucci LLP and liaison counsel Friedlander & Gorris LLP, in a case focused on damage to those who relinquished their shares before Dole sold...
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