Dentsply Class Action Complaint Filed: Globally Recognized Law Firm Johnson Fistel Encourages … | Nation/World

SAN DIEGO, June 04, 2022 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has been filed on behalf of investors in DENTSPLY SIRONA Inc. (“Dentsply” or the “Company”) (NASDAQ: x-ray). The class action is on behalf of shareholders who purchased between June 9, 2021 and May 9, 2022, both dates inclusive (the “Class Period”). Investors are hereby notified that they have until August 1, 2022 to apply to the court to serve as lead plaintiff in this action.

What actions can I take at this time? If you have suffered a substantial loss, $750,000 or more, and would like to learn more about the lead plaintiff role, please contact Jim Baker ([email protected]) by email or by phone at 619-814 -4471. If emailing, please include a phone number.

To have your losses assessed, you can click or copy and paste the link below into a browser:

https://www.johnsonfistel.com/in vestigations/why-did-dentsply-stock-drop-recover-your-losses

There is no cost or obligation for you.

The Complaint filed in this Class Action alleges that throughout the Class Period, the Defendants made materially false and/or misleading statements, and failed to disclose material adverse facts regarding the business, operations and societal prospects. Specifically, the Defendants failed to disclose the following: (i) they incorrectly recorded revenue related to certain dealer incentive or rebate programs to enable management to achieve certain compensation targets based on incentives; and (ii) as a result, Dentsply’s financial statements were not prepared in accordance with applicable rules, and the Company’s internal controls over financial reporting were deficient throughout the Class Period.

A lead plaintiff will act on behalf of all other class members to conduct the Dentsply class action. The lead plaintiff may select a law firm of their choice to litigate the class action. An investor’s ability to share in any potential future recovery from the Dentsply class action does not depend on its status as lead plaintiff. For more information on the lead plaintiff process, please see https://www.johnsonfistel.com/lead-plaintiff-deadlines.

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 derivatives and securities class actions. Johnson Fistel is seeking 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. Lawyer advertisement. Past results do not guarantee future results.

Contact:

Johnson Fistel, LLP

Jim Baker, 619-814-4471

Investor Relations

[email protected]

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