【richard a carlucci recreation and aquatic center】SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Align Technology, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES,richard a carlucci recreation and aquatic center CA / ACCESSWIRE / April 1, 2020 /
The Schall Law Firm
, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Align Technology, Inc. ("Align" or "the Company") (NASDAQ:
ALGN
) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 24, 2019 and July 24, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before May 1, 2020.
If you are a shareholder who suffered a loss,
click here to participate
.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at
www.schallfirm.com
, or by email at
.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Align touted its growth and performance in China, which it described as its second most valuable market behind the United States. The Company describes its China operations using language such as a "huge market opportunity" and "tremendous growth . . . in China, in particular," and characterized its products as "a big hit with our Chinese customers." The Company was exaggerating its success in China and failed to disclose declining demand and negative consumer sentiment about its products in the country. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Align, investors suffered damages.
Join the case
to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
SOURCE:
The Schall Law Firm
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