ROSEN, A NATIONALLY RESPECTED INVESTOR ADVISOR, encourages Dentsply Sirona Inc. investors.
New York, New York–(Newsfile Corp. – December 27, 2024) – WHY: The 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, both dates inclusive (the “Class Period”), on an important January 27, 2025, the deadline for the chief prosecutor.
SO WHAT: If you purchased Dentsply Siron common stock during the Class Period, you may be entitled to compensation without paying any fees or out-of-pocket expenses through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Dentsply Siron class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=31762 or call 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 want to be the chief prosecutor, you have to move the court no later than January 27, 2025. The lead plaintiff is the representative party that acts on behalf of the other class members in the conduct of the litigation.
WHY ROSEN’S LAW: We encourage investors to choose a qualified advisor with experience in successful leadership roles. Often the firms issuing the notices do not have comparable experience, resources or any significant recognition from their peers. Many of these firms do not actually initiate securities class actions, but are merely brokers who refer clients or are partners with law firms that actually litigate. Be wise in choosing an advisor. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and equity derivative litigation. The Rosen Law Firm secured the largest securities class action settlement against a Chinese company at the time. The Rosen Law Firm is ranked #1 by ISS Securities Class Action (WA:) Services for numerous 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 secured more than $438 million for investors. In 2020, founding partner Laurence Rosen was named a Law360 Claimant Bar Association Titan. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, during the Lecture Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Dentsply Sirona targets low-income people who did not have access to good oral hygiene education, a dentist, or dental insurance, which often meant that patients who signed up for Byte, a direct-to-consumer (“DTC”) matching solution ), had fundamental problems with their teeth that would make them unfit for treatment; (2) the incentive for Byte’s growth and sales commissions induced sales employees to sell to contraindicated patients; (3) as a result of the foregoing, Byte’s patient enrollment workflow did not provide adequate assurance that contraindicated patients did not enter treatment; (4) before and during class, reports of patient injuries at Byte poured in; (5) Dentsply Sirona knew that its Byte aligners were causing serious injuries to patients for years, but did little to investigate those injuries or notify the US Food and Drug Administration (“FDA”); (6) Dentsply Sirona did not have systems in place to notify the FDA of these injuries, which Dentsply Sirona was required to do within 30 days of becoming aware of the problem; (7) the FDA received a sharp increase in reports of serious injuries from Byte patients; (8) as a result of the above, Dentsply Sirona significantly overstated the value of Byte’s goodwill; and (9) as a result of the foregoing, 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 came to market, the lawsuit alleges, investors suffered damages.
To join the Dentsply Siron class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=31762 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No class is certified. Until the class is certified, you will not be represented by an attorney unless you retain one. You can choose a lawyer of your choice. You can also remain an absent member of the class and do nothing at this time. An investor’s ability to participate in a potential future recovery does not depend on whether it is the lead plaintiff.
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To view the original version of this press release, visit https://www.newsfilecorp.com/release/235171