#United States #New York #Class Action #Gross Law Firm #Dentsply Sirona

Shareholders of Dentsply Sirona Inc. Encouraged to Join Class Action for Recovery

Dentsply Sirona Inc. Class Action Lawsuit

In recent news, The Gross Law Firm has announced a call to shareholders of Dentsply Sirona Inc. (NASDAQ: XRAY) to join a class action lawsuit appealing for financial recovery. Shareholders who purchased shares during the period from December 1, 2022, to November 6, 2024, are particularly urged to take part. This initiative aims to address alleged instances of misleading statements and omissions by Dentsply that led to significant investor losses.

Why is this Class Action Necessary?

The class action lawsuit stems from allegations that Dentsply Sirona engaged in deceptive practices during its promotional processes for its Byte aligners. Reports claim that the company specifically targeted low-income individuals who were not adequately educated on oral hygiene, many of whom were subject to underlying dental issues that made them poor candidates for the aligner treatment. This led to serious consequences for patients, many of whom ended up experiencing injuries due to improper treatment protocols.

Key Allegations Include:

1. Dentsply allegedly failed to disclose critical information about Byte’s efficacy and addressed patients who were contraindicated for the product.
2. The aggressive sales strategy encouraged employees to push sales without addressing patients’ underlying issues adequately.
3. A significant increase in patient injury reports surfaced, which Dentsply failed to properly investigate or report to the FDA, despite being legally obligated to do so.
4. The lawsuit argues that due to these actions, the company significantly overstated the value of its Byte product line, misleading investors about the company's financial health and growth potential.

Participation and Timeline

Shareholders interested in joining this action must register without delay to ensure they are included in the proceedings. The registration for those aiming to potentially serve as lead plaintiffs is set to close on January 27, 2025. Importantly, participation in the class action does not require being appointed as a lead plaintiff. All registered shareholders will receive regular updates and monitoring regarding the status of the lawsuit.

Why Choose The Gross Law Firm?

The Gross Law Firm is a well-known firm specializing in class action lawsuits and is committed to safeguarding investors' rights. They aim to hold companies accountable for misleading practices and are dedicated to retrieving losses suffered by affected investors. Their professional approach is indicative of a broader commitment to ethical corporate governance and investor protection.

For those who fall within the specified class period and have faced losses as a result of Dentsply's alleged actions, now is the time to act. Contact The Gross Law Firm via their dedicated link to register and learn more about your rights as a shareholder. Act swiftly to ensure your participation!