XRAY Securities Fraud Lawsuit Deadline: January 27, 2025 – Contact Kaplan Fox
If you are an investor in DENTSPLY and have suffered losses, you have until January 27, 2025, to step in and lead the charge as the lead plaintiff in a securities fraud lawsuit. Kaplan Fox & Kilsheimer LLP has filed a class-action lawsuit against DENTSPLY SIRONA Inc. (NASDAQ: XRAY) for investors who bought or acquired DENTSPLY securities between May 6, 2021, and November 6, 2024. The Class Period in question is crucial for anyone affected by potential securities fraud.
DENTSPLY made some significant moves that impacted its stock prices, leading to losses for investors. On October 24, 2024, the company voluntarily halted sales and marketing of its Byte Aligners and Impression Kits while reviewing regulatory requirements tied to these products, based on a press release mentioning consultation with the U.S. Food and Drug Administration (FDA). As a result, the stock price dropped by $1.10 per share, or 4.5%.
Soon after, on November 6, 2024, DENTSPLY revised its 2024 outlook during the release of its third-quarter financial results. They projected a significant downturn in organic sales, down 3.5% to 2.5% year-over-year, compared to the initial forecast of a 1% to flat decline. This news caused a more drastic drop in the stock price, plummeting by $6.72 per share, or roughly 28%.
Kaplan Fox & Kilsheimer LLP, a well-known national law firm specializing in complex litigation, is leading the charge in this case. They have an extensive background in securities litigation across various states and have a successful track record in this field. For more information about Kaplan Fox, you can visit their website at www.kaplanfox.com.
If you’ve experienced losses as an investor in DENTSPLY within the specified Class Period, taking action by the January 27, 2025 deadline is crucial. This opportunity to potentially serve as the lead plaintiff allows you to be an active participant in seeking justice in this securities fraud lawsuit. Contact Kaplan Fox now to learn how you can be a part of this process.
