Dentsply Sirona Securities Fraud Lawsuit

Dentsply Sirona is facing a class action securities lawsuit filed by Levi & Korsinsky on behalf of investors who suffered losses between May 6, 2021, and November 6, 2024. The lawsuit alleges that Dentsply Sirona made false statements and concealed critical information regarding its Byte aligner solution. Specifically, the complaint claims that Dentsply Sirona targeted low-income individuals, sold Byte aligners to contraindicated patients, and failed to ensure proper patient onboarding. Furthermore, it is alleged that Dentsply Sirona knew about severe patient injuries for years but did not adequately investigate them or notify the United States — Food and Drug Administration, as required. These actions purportedly led Dentsply Sirona to materially overstate the goodwill value of Byte, making its positive statements about the company's business and prospects false and misleading.