New York, New York–(Newsfile Corp. – December 27, 2024)– Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Dentsply Sirona Inc. common stock. (NASDAQ: XRAY) between February 28, 2022 and November 6, 2024, inclusive of both dates (“Class Period”), is important January 27, 2025 Lead Plaintiff Deadline.
so what: If you purchase Dentsply Sirona common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Dentsply Sirona class action, go to https://rosenlegal.com/submit-form/?case_id=31762 or contact Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than January 27, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these firms do not actually file securities class action lawsuits, but are merely brokers who refer clients or partner with the law firms that actually file the lawsuits. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative lawsuits. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm has been ranked #1 in the ISS Securities Class category an act (WA:) Services for a number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Dentsply Sirona targeted low-income individuals who were not well educated about oral hygiene, and , or dental insurance, which often means that patients who sign up for Byte, a direct-to-consumer (“DTC”) aligner solution, have 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 Sirona knew that its Byte aligners had been causing serious patient injuries for years, but did little to investigate those injuries or notify the U.S. Food and Drug Administration (“FDA”); (6) Dentsply Sirona did not have any systems in place to notify the FDA of these infections, which Dentsply Sirona 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 Sirona materially overstated Byte's goodwill; and (9) as a result of the above, Defendants' positive statements about Dentsply Sirona's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims, investors suffered damages.
To join the Dentsply Sirona class action, go to https://rosenlegal.com/submit-form/?case_id=31762 or contact Phillip Kim, Esq. Toll free is 866-767-3653 or email case@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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