LOS ANGELES, CA / ACCESSWIRE / December 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DENTSPLY SIRONA Inc. ("Dentsply" or "the Company") (NASDAQ:XRAY) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between December 1, 2022 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 27, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Dentsply target low-income consumers with little dental support with its Byte direct-to-consumer ("DTC") aligner solution, including those with conditions that would make them ineligible. The Company's sales commission structure caused sales people to push Byte to contraindicated patients. The Company's onboarding workflow did not prevent contraindicated patients from entering treatment. The Company knew that Byte aligners were causing severe injuries but failed to investigate them or report injuries to the FDA. The Company failed to maintain a system to report injuries to the FDA. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Dentsply, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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