Vancouver mayor says false claims didn't harm councillor, who 'supported drug use' - thecanadianpressnews.ca
Vancouver mayor says false claims didn't harm councillor, who 'supported drug use'thecanadianpressnews.
LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Dentsply Sirona Inc. (“Dentsply” or the “Company”) ( XRAY) investors concerning the Company’s possible violations of the federal securities laws.
If you suffered a loss on your Dentsply investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/dentsply-sirona-inc-1/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On April 19, 2022, Dentsply stated that the Company’s Chief Executive Officer had been terminated, effective immediately, and will “cease to serve as a member of the Company’s Board.”
On this news, Dentsply’s stock fell $6.52, or 13.4%, to close at $42.20 per share on April 19, 2022, thereby injuring investors.
Then, on May 10, 2022, the Company stated that it could not timely file its first quarter 2022 quarterly report due to “an internal investigation of allegations regarding certain financial reporting matters.” Specifically, the investigation concerned “the Company’s use of incentives to sell products to distributors in the third and fourth quarters of 2021 and...
Vancouver mayor says false claims didn't harm councillor, who 'supported drug use'thecanadianpressnews.