NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Pomerantz LLP is investigating claims on behalf of investors of DENTSPLY SIRONA Inc. ("Dentsply Sirona" or the "Company") (NASDAQ:XRAY). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Dentsply Sirona and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 24, 2024, Dentsply Sirona issued a press release "announc[ing] the voluntary suspension of sales and marketing of its Byte Aligners and Impression Kits while the Company conducts a review of certain regulatory requirements related to these products", stating that its "decision was made in consultation with the U.S. Food and Drug Administration (FDA)."
On this news, Dentsply Sirona's stock price fell $1.10 per share, or 4.51%, to close at $23.31 per share on October 25, 2024.
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SOURCE: Pomerantz LLP