#USA #New York #Class Action #Gross Law Firm #Dentsply Sirona

Dentsply Sirona Inc. Class Action Lawsuit Notification

The Gross Law Firm has taken a significant step by notifying shareholders of Dentsply Sirona Inc. (NASDAQ: XRAY) regarding a class action lawsuit that may impact numerous investors. This lawsuit arises from allegations suggesting that the company may have engaged in practices that deceived shareholders during a specific period, which is critical for affected investors to understand.

Overview of Allegations

Shareholders who purchased Dentsply Sirona shares between May 6, 2021, and November 6, 2024, are particularly urged to reach out to the Gross Law Firm. The lawsuit asserts that the company issued materially false and misleading statements that could have led to misinformed investments by shareholders. Specifically, several key allegations have been outlined:

1. Targeting Vulnerable Populations: It has been alleged that Dentsply focused on low-income individuals without proper access to adequate dental care. This was particularly evident in the marketing and sale of Byte, a direct-to-consumer aligner solution, potentially overlooking underlying dental issues that disqualified patients from receiving appropriate treatment.

2. Compromised Sales Practices: The lawsuit claims that aggressive sales tactics and growth strategies led sales staff to market products to patients who should not have been candidates for treatment. This raises significant ethical questions about patient safety and corporate responsibility.

3. Injury Reports Ignored: Prior to and during the class period, multiple reports concerning patient injuries related to Byte aligners were allegedly received by the company. However, accusations suggest that Dentsply failed to appropriately investigate these reports or communicate them to regulatory authorities such as the FDA.

4. Misrepresentation of Financial Position: The class action argues that Dentsply overstated the goodwill associated with the Byte product line, thereby artificially inflating the company’s stock value. This misrepresentation of financial health has now become a central point in the lawsuit.

Important Deadlines and Next Steps

Investors must be aware of the approaching deadline for this class action lawsuit, which is January 27, 2025. Shareholders who wish to participate should register their information as soon as possible. Once registered, participants will gain access to a dedicated monitoring service that will keep them informed about the status of the case throughout its duration.

It is critical for shareholders to act promptly to safeguard their interests. The registration process is straightforward and carries no costs or obligations for shareholders who choose to participate.

Why Choose The Gross Law Firm?

The Gross Law Firm has built a reputation as a leading class action law firm with a mission focused on protecting the rights of investors. They specialize in holding corporations accountable for misleading practices that affect shareholder value. By partnering with The Gross Law Firm, investors can leverage their legal expertise and commitment to advocate for responsible corporate behaviors.

For those looking to secure their rights as shareholders of Dentsply, there has never been a more critical time to act. If you have purchased shares of XRAY during the specified period, consider reaching out for a consultation and joining the fight for justice.

Contact Information

For more details or to register, shareholders can visit the Gross Law Firm’s website. They can also be reached directly at their New York office:

The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

It is essential for shareholders to remain informed and engaged in the pursuit of justice regarding their investments in Dentsply Sirona Inc.