Johnson Fistel Encourages Long-Term Shareholders to Submit Their Information Below
Dentsply Sirona Inc. (NASDAQ: XRAY)
Johnson Fistel, LLP is investigating potential claims on behalf Dentsply Sirona Inc. (“Dentsply” or the “Company”) (NASDAQ: XRAY) against certain of its officers and directors.
If you have continuously owned Dentsply shares before June 9, 2021, you can submit your information below:
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants orchestrated a scheme to inflate Dentsply’s revenue and earnings by manipulating its accounting for a distributor rebate program in order for senior executives to be eligible for significant cash and stock-based incentive compensation; (2) in order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the Class Period; (3) accordingly, Dentsply’s financial statements were not prepared in accordance with GAAP and SEC rules, and Dentsply’s internal controls over financial reporting were deficient throughout the Class Period; and (4) as a result of defendants’ misrepresentations, Dentsply’s common stock traded at artificially inflated prices during the Class Period. As a result of the foregoing, When the true details entered the market, the lawsuit claims that investors suffered damages.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471