Kaplan Fox reminds investors of the class action lawsuit against DENTSPLY SIRONA Inc. (XRAY) and the lead plaintiff deadline on January 27, 2025. By Investing.com
NEW YORK – (NewMediaWire) – January 4, 2025 – Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DENTSPLY SIRONA (NASDAQ:) Inc . (DENTSPLY or the Companies) (NASDAQ: XRAY) on behalf of investors who purchased or otherwise acquired DENTSPLY securities between May 6, 2021 and November 6, 2024 (Teaching Period).
CLICK HERE TO JOIN THE CASE
If you are an investor in DENTSPLY and have suffered losses, you can CLICK HERE to contact us. You can also contact Kaplan Fox by emailing pmayer@kaplanfox.com or calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed class, you may move the court no later than January 27, 2025 to be the lead plaintiff for the proposed class. If you have losses, we encourage you to contact us to learn more about the Attorney General process.
On October 24, 2024, DENTSPLY issued a press release “announcing[ing] voluntary suspension of sales and marketing of its byte alignment devices and impression kits while the company conducts a review of certain regulatory requirements relating to these products.” The press release also stated that [t]The company’s decision was made in consultation with the US Food and Drug Administration (FDA).”
Following this news, DENTSPLY’s stock price fell $1.10 per share, or 4.5%, to $23.31 per share on October 25, 2024.
Then, on November 6, 2024, in conjunction with reporting third quarter financial results, DENTSPLY issued a press release revising its 2024 outlook to reflect that organic sales are expected to decline 3.5% to 2, 5% on an annual basis compared to the previous one. organic sales are forecast to fall 1% and remain flat.
Following this news, DENTSPLY’s stock price fell $6.72 per share, or about 28%, to $17.26 per share on November 7, 2024.
WHY CONTACT KAPLAN FOX – Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and results clients demand. Through litigating cases at the federal and state levels, Kaplan Fox has successfully shaped the law by making many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you can visit our website at www.kaplanfox.com.
This press release may be considered solicitor advertising in some jurisdictions under applicable law and ethical rules.
If you have any questions about this Notice, your rights or interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
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