YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Dentsply Sirona
Inc. (NASDAQ: XRAY).
To receive updates on the lawsuit, fill out the
This lawsuit is on behalf of all persons or entities that
purchased Dentsply's common stock between June 9, 2021, and May 9,
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
August 1, 2022 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to the filed complaint, defendants orchestrated a
scheme to inflate Dentsply's revenue and earnings by manipulating
the Company's accounting for a distributor rebate program so that
senior executives would be eligible for significant cash and
stock-based incentive compensation. In order to facilitate this
scheme, Dentsply and its executives made numerous false and
misleading statements to investors during the class period. As a
result of defendants' misrepresentations, Dentsply's common stock
traded at artificially inflated prices during the class period.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
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SOURCE Jakubowitz Law