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Investigation announced for Long-Term NASDAQ: XRAY Investors over possible Wrongdoing at DENTSPLY SIRONA Inc.

09-15-2022 12:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in DENTSPLY SIRONA Inc. (NASDAQ: XRAY) shares.

An investigation on behalf of current long term investors in DENTSPLY SIRONA Inc. (NASDAQ: XRAY) shares.

An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of DENTSPLY SIRONA Inc..

Investors who are current long term investors in DENTSPLY SIRONA Inc. (NASDAQ: XRAY) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: XRAY stocks follows a lawsuit filed against DENTSPLY SIRONA Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: XRAY stocks, concerns whether certain DENTSPLY SIRONA Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of Ohio the plaintiff alleges that, the Defendants orchestrated a scheme to inflate the Company'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, that in order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors between June 9, 2021 and May 9, 2022, and that as a result of Defendants' misrepresentations, Dentsply's common stock traded at artificially inflated prices between June 9, 2021 and May 9, 2022.

Those who purchased shares of DENTSPLY SIRONA Inc. (NASDAQ: XRAY) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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