An investigation for investors in SmileDirectClub, Inc. (NASDAQ: SDC) shares over potential securities laws violations by SmileDirectClub, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/01/2019 -- SmileDirectClub, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of SmileDirectClub, Inc. (NASDAQ: SDC), 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 focuses on whether a series of statements by SmileDirectClub, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Nashville, TN based SmileDirectClub, Inc. operates a teledentistry platform that provides member's with a customized clear aligner therapy treatment in the United States and internationally. On or about September 11, 2019, the Company conducted its initial public offering ("IPO"), selling 58.5 million shares of stock priced at $23.00 per share. Shares of SmileDirectClub, Inc. (NASDAQ: SDC) declined during September 25, 2019 at $14.47 per share.
Those who purchased shares of SmileDirectClub, Inc. (NASDAQ: SDC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in conftact 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, investigation, and/or settlements are not filed/reached and/or 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.