#United States #New York #Levi & Korsinsky #DENTSPLY #XRAY

Key Details on Dentsply Sirona Inc. Lawsuit

On December 27, 2024, Levi & Korsinsky, LLP issued a notification to shareholders of Dentsply Sirona Inc. (NASDAQ: XRAY) regarding a class action securities lawsuit. This alert serves as a reminder of the critical deadline for investors who suffered losses during a specific timeframe.

Background of the Lawsuit

The lawsuit addresses allegations of securities fraud linked to Dentsply's practices between May 6, 2021 and November 6, 2024. A growing number of investors are expressing concern over misleading statements from the company that purportedly concealed serious issues regarding its Byte product line and the company’s overall business ethics.

Claims Made Against Dentsply

The filed complaint suggests multiple infractions, including:
1. Targeting low-income individuals who lacked proper dental hygiene education or insurance, often leading to unqualified patients receiving treatment.
2. A sales environment that prioritized profits, compelling employees to sell to patients with contraindications.
3. A troubling history of unreported injuries associated with Byte aligners, suggesting that Dentsply was aware of these risks yet failed to take appropriate action to address them.
4. Accusations that the company did not have proper systems in place to report serious injuries to the FDA, which is a legal requirement.
5. A significant inflation of the goodwill value associated with the Byte product line based on these allegedly misleading marketing tactics.

Given these allegations, Dentsply’s public statements about its business health, operations, and growth prospects have been called into question.

Action Steps for Shareholders

If you have experienced financial losses due to your investments in Dentsply during the stated period, you must act quickly. January 27, 2025 is the last date for shareholders to apply for the position of lead plaintiff in the class action suit. It's essential to note that participating in the lawsuit and potentially recovering any losses does not hinge on being appointed as a lead plaintiff.

No Financial Obligation

Investors should be relieved to know that if selected as a class member, they might be eligible for compensation without incurring any out-of-pocket costs. Joining this class action does not require any financial expenditure or commitment, allowing investors to recover losses without financial burden.

Why Choose Levi & Korsinsky?

With over two decades of legal experience, Levi & Korsinsky has a strong track record of representing aggrieved investors. They have successfully recovered hundreds of millions of dollars for shareholders and are recognized in the industry as leading securities litigation specialists. Their commitment to investor rights is showcased by their ranking in ISS Securities Class Action Services' Top 50 Report for multiple years.

Contacts for Further Information

Shareholders seeking more information or wishing to discuss their options can reach Joseph E. Levi, Esq. at (212) 363-7500 or via email. Dentsply investors can also fill out a submission form provided by Levi & Korsinsky to initiate their claims process and connect with the legal team for tailored advice.

For full details on how to proceed with your claim and to understand your rights, visit Levi & Korsinsky’s official website.

This lawsuit's developments serve as a vital wake-up call to investors, especially amidst the precarious environment surrounding corporate governance and shareholder rights. Don’t miss the opportunity to seek justice and potential financial compensation.