Attention Dentsply Sirona Investors
Investors who hold shares in Dentsply Sirona Inc. (NASDAQ: XRAY) are encouraged to reach out to The Gross Law Firm before January 27, 2025. This notice is particularly aimed at those who purchased shares during the class period, which runs from December 1, 2022, through November 6, 2024. This could be a crucial opportunity for shareholders to assess their legal options and understand their rights in relation to significant allegations against the company.
Context of the Case
The Gross Law Firm has issued an official notice to shareholders highlighting the importance of taking action. Allegations against Dentsply Sirona include a series of misleading statements regarding the company's practices and the handling of patient onboarding for their Byte aligner product. Reportedly, these practices primarily targeted low-income individuals who often lacked sufficient dental care and knowledge about oral health, raising serious ethical concerns.
Shareholders are encouraged to consult with the firm regarding a possible lead plaintiff appointment, although it is not necessary to be appointed as such to partake in any potential recovery. The allegations indicate that Dentsply was aware of significant issues regarding the safety and effectiveness of their products yet failed to act appropriately.
Specific Allegations Against Dentsply Sirona
The allegations include:
1. Dentsply allegedly marketed Byte aligners to patients with pre-existing dental issues that would make them ineligible for treatment.
2. Sales representatives were possibly incentivized to sell to contraindicated patients due to company policies.
3. Reports of Byte-related injuries and adverse patient reactions were reportedly on the rise during and before the class period, yet the company failed to notify the FDA or the public adequately.
4. Dentsply is accused of significantly overstating the goodwill value pertaining to Byte without considering the injuries reported by patients.
Given the allegations, the shareholders who purchased shares of XRAY during this timeframe should not overlook the importance of registering with the law firm. Prompt action could safeguard their rights and allow them to stay informed through the legal process.
Next Steps for Shareholders
Shareholders looking to join the class action lawsuit are advised to register their information as soon as possible. Notably, The Gross Law Firm will monitor the portfolio and provide regular case updates. It's crucial to act promptly, as the deadline to seek lead plaintiff status is approaching fast.
The Gross Law Firm's Commitment
The Gross Law Firm is noted as a leading class action law firm dedicated to protecting the interests of investors. Their mission focuses on addressing instances of corporate fraud and misconduct that adversely affect investors. By pursuing legal action, the firm aims to hold companies accountable for their actions.
To contact The Gross Law Firm, interested parties can reach them at:
- - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
In conclusion, Dentsply Sirona shareholders are encouraged to take action soon to ensure their rights are protected and that they can participate in seeking potential recovery from their investments.