RADNOR, PA – (NewMediaWire) – December 26, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against DENTSPLY SIRONA (NASDAQ:) Inc. . (DENTSPLY) (NASDAQ: The lead plaintiff deadline is January 27, 2025.
Contact KESSLER TOPAZ MELTZER & CHECK, LLP:
If you have suffered DENTSPLY losses, you can click here or copy and paste this link into your browser: https://www.ktmc.com/new-cases/dentsply-sirona-inc?utm_source=PR&utm_medium=link&utm_campaign=xray&mktm=r
You can also contact Attorney Jonathan Nagy, Esq. By calling (484) 270-1453 or via email at info@ktmc.com.
Those accused of misconduct:
The Complaints allege that Defendants, throughout the Class Period, made false and/or misleading statements and/or failed to disclose that: (1) DENTSPLY targeted low-income individuals who did not have access to quality oral hygiene education or a physician; Dental or dental insurance, which often meant that patients signing up for Byte, a direct-to-consumer aligner solution, had underlying dental issues that would make them ineligible for treatment; (2) pressure for byte growth and sales commissions led sales staff to sell to contraindicated patients; (3) as a result of the above, Byte's patient onboarding workflow did not provide sufficient assurance that non-treatment patients were not entering treatment; (4) Before and during the class period, reports were pouring in of Bite patient infections; (5) DENTSPLY knew that its Byte aligners had been causing serious patient injuries for years, but did little to investigate those injuries or notify the FDA; (6) DENTSPLY did not have any systems in place to notify the FDA of these infections, which DENTSPLY must do within 30 days of discovering the problem; (7) The FDA has received a sharp rise in reports of serious infections from patients with Byte; (8) as a result of the above, DENTSPLY materially overstated the value of Byte's goodwill; and (9) as a result of the foregoing, Defendants' positive statements about DENTSPLY's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Lead Plaintiff Process:
DENTSPLY investors may, no later than January 27, 2025, seek appointment as lead plaintiff representative for the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may elect to do nothing and remain an absent member of the class. A lead plaintiff is a representative party acting on behalf of all class members in directing the lawsuit. The lead plaintiff is usually the investor or a small group of investors who have the largest financial interest and who are also considered appropriate and typical of the proposed class of investors. The lead plaintiff selects an attorney to represent the lead plaintiff and the class and those attorneys, if approved by the court, are the lead attorneys or the class. Your ability to participate in any recovery is not affected by the decision of whether or not to serve as lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages DENTSPLY investors who have incurred significant losses to contact the firm directly for further information.
Click here to register a case or go to: https://www.ktmc.com/new-cases/dentsply-sirona-inc?utm_source=PR&utm_medium=link&utm_campaign=xray&mktm=r
About Kessler Topaz Meltzer & Czech LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts across the country and around the world. The company has earned a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by corporations and credit institutions. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Czech LLP, please visit www.ktmc.com.
communication:
Kessler Topaz Meltzer & Czech, LLP
Jonathan Nagy, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, Pennsylvania 19087
info@ktmc.com
It may be considered an attorney's advertisement in some jurisdictions. Past results do not guarantee future results.
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