Lessons from the $148M Fraud by Dole's GC and CEO

The Delaware Chancery Court ordered Dole Food Co. Inc. CEO David Murdock and COO and General Counsel C. Michael Carter to pay Dole shareholders $148 million for fraud in connection with the company's 2013 take-private deal. The Aug. 27 decision is one of the largest awards ever to shareholders in a deal-related lawsuit.

10 minute readNovember 02, 2015 at 12:00 AM
By
Karen Brunton Bloom, Evelyn Cruz Sroufe
Luis R. Mejia
Lessons from the $148M Fraud by Dole's GC and CEO

The Delaware Chancery Court ordered Dole Food Co. Inc. CEO David Murdock and COO and General Counsel C. Michael Carter to pay Dole shareholders $148 million for fraud in connection

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