Overview

• Dollar General Corporation is facing a class action securities lawsuit, with allegations of securities fraud adversely affecting investors who purchased common stock between May 28, 2020 and August 30, 2023.
• The lawsuit alleges that Dollar General stores were chronically understaffed, leading to logistical and inventory management problems, resulting in stores with outdated and unwanted inventory, mispriced goods, and lost and damaged items.
• Dollar General is accused of systematically overcharging customers for items upon checkout, in violation of state laws in Arizona, Louisiana, Mississippi, Missouri, North Carolina, and Ohio.
• The company's reported revenue and earnings during the class period were allegedly artificially inflated due to an over-pricing scheme.
• Investors have until January 26, 2024 to request that the Court appoint them as lead plaintiff in the class action lawsuit.