Dentsply Sirona Class Action Notice
The Gross Law Firm has issued a significant alert for investors affected by the actions of Dentsply Sirona Inc. (NASDAQ: XRAY). Shareholders who acquired shares between December 1, 2022, and November 6, 2024, may have standing to join a crucial class action lawsuit. The Gross Law Firm invites those shareholders to connect and discuss their rights and potential actions further.
Background of the Case
Dentsply Sirona Inc., a prominent player in the dental industry, has faced serious allegations from shareholders. A lawsuit now suggests that the company might have misled investors by issuing false or misleading statements, primarily regarding their Byte product and marketing strategies. The allegations detail several significant issues:
1. The company was accused of targeting vulnerable demographics with inadequate dental hygiene education or access, fundamentally affecting patient eligibility for treatments.
2. This aggressive marketing strategy led their sales personnel to push Byte solutions to patients who were unsuitable for such treatments, raising ethical concerns.
3. The plaintiff’s claims also indicate that Dentsply ignored alarming reports regarding injuries from patients using Byte aligners, failing to notify relevant authorities such as the FDA.
4. It is asserted that the company had no mechanisms to address or report serious injuries related to their product, further exacerbating the situation.
5. Shares of Dentsply Sirona were reportedly inflated due to these misleading statements, putting investors at risk of insurmountable losses.
Participation in the Class Action
Shareholders interested in joining this class action are urged to comply promptly. The official deadline for registering is January 27, 2025. Those who sign up will benefit from a portfolio monitoring service that will provide updates on the case's progress.
How to Register
To participate, shareholders should register their information through the Gross Law Firm’s dedicated portal
here.
It’s essential to note that while being appointed as a lead plaintiff may aid in the case, it’s not a requirement for participation in seeking recovery.
Why Choose The Gross Law Firm?
The Gross Law Firm has built a reputation nationwide for effectively protecting investors' rights and ensuring that companies are held accountable for dishonest business practices. They focus on class action suits related to investor losses caused by corporate dishonesty. With a commitment to ethical practices, the firm strives to recover losses incurred by investors across various sectors.
For further inquiries, investors may contact the firm directly:
- - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
This is a vital opportunity for shareholders of Dentsply Sirona Inc. to assert their rights and seek justice. Participating in a class action can provide a platform to address grievances collectively and potentially recoup losses incurred due to the company's alleged oversights and mismanagement.