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New York, NY–(Newsfile Corp. – December 12, 2024) – WHY: The Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Dentsply Sirona Inc. (NASDAQ: KSRAI ) between December 1, 2022 and November 6, 2024, both dates inclusive (the “Class Period”), on the important January 27, 2025 deadline for the chief prosecutor.
SO WHAT: If you purchased Dentsply common stock during the class period, you may be entitled to compensation without paying any fees or out-of-pocket expenses through a contingency fee arrangement.
WHAT’S NEXT: To join the Dentsply Class Action, go to https://rosenlegal.com/submit-form/?case_id=31762 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you want to be the chief prosecutor, you have to move the court no later than January 27, 2025. The lead plaintiff is the representative party acting on behalf of other class members in the conduct of the litigation.
WHY ROSEN LAW: We encourage investors to select a qualified advisor with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any significant peer recognition. Many of these firms do not actually litigate securities class actions, but are merely brokers who refer clients or partners with law firms that actually litigate. Be wise in choosing an advisor. The Rosen Law Firm represents investors worldwide, concentrating its practice on securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest securities settlement against a Chinese company at that time. The Rosen Law Firm is ranked #1 by ISS Securities Class Action (VA:) Services for the number of securities settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Lawrence Rosen was named a Titan of the Plaintiffs Bar Association by Law360. Lovedragon and Super Laviers have recognized many of the firm’s lawyers.
CASE DETAILS: According to the lawsuit, during the classes, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Dentspli targeted low-income people who did not have access to good oral hygiene education, a dentist, or dental insurance, which often meant that patients signed up for Bite, direct-to-consumer (“DTC”) settlement solution, had underlying dental problems that would make them ineligible for treatment; (2) pressure to grow bytes and sales commissions caused sales employees to sell to contraindicated patients; (3) as a result of the above, the patient enrollment workflow in Bite did not provide adequate assurance that contraindicated patients did not access treatment; (4) there were reports of Bite injuries to patients before and during the teaching period; (5) Dentsply knew that its bite aligners were causing serious injuries to patients for years, but did little to investigate those injuries or notify the U.S. Food and Drug Administration (“FDA”); (6) Dentsply did not have systems in place to notify the FDA of these violations, which Dentsply must do within 30 days of becoming aware of the problem; (7) FDA received a spike in reports of serious injuries from Bite patients; (8) as a result of the foregoing, Dentsply significantly overstated the value of Bite’s goodwill; and (9) as a result of the foregoing, Defendants’ positive statements about Dentsply’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details came to market, the lawsuit claims investors suffered damages.
To join the Dentsply Class Action, go to https://rosenlegal.com/submit-form/?case_id=31762 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for class action information.
No class is certified. Until the class is certified, you are not represented by an attorney unless you retain one. You can choose a lawyer of your choice. You can also remain an absent member of the class and do nothing at this time. An investor’s ability to participate in a potential future recovery does not depend on whether it is the lead plaintiff.
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To view the original version of this press release, visit https://www.nevsfilecorp.com/release/233610
