Dentsply Sirona Inc. Investors: Class Action Lawsuit Filed on Behalf of Investors; Portnoy… | New

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LOS ANGELES, June 20, 2022 (GLOBE NEWSWIRE) — Portnoy law firm advises investors of Dentsply Sirona Inc. (NASDAQ: XRAY) that a class action lawsuit has been filed on behalf of the investors. Dentsply investors who have lost money on their investment are encouraged to Contact Lesley Portnoy, Esq.

Investors are encouraged to contact a lawyer Lesley F. Portnoyby phone 844-767-8529 or E-mailemail: lesley@portnoylaw.com, to discuss their legal rights, or Click here join the case via www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss options for investors to pursue claims to recover their losses.

According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the defendants orchestrated a scheme to inflate Dentsply’s revenues and profits manipulating its accounting for a distributor rebate program to qualify senior executives for significant cash and stock incentive compensation; (2) in order to facilitate this scheme, Dentsply and its officers made numerous false and misleading statements to investors during the Class Period; (3) as a result, 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 common stock traded at artificially inflated prices during the class period. As a result of the above, when the true details entered the market, the lawsuit claims investors suffered damages.

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Portnoy Law Firm represents investors in the prosecution of claims caused by corporate wrongdoing. The company’s founding partner has recovered more than $5.5 billion for harmed investors. Lawyer advertisement. Prior results do not guarantee similar results.

Lesley F. Portnoy, Esq.

Admitted to the CA and NY Bar

lesley@portnoylaw.com

310-692-8883

www.portnoylaw.com

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