SmileDirectClub, Inc. (SDC)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of SmileDirectClub, Inc. (SDC)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SmileDirectClub, Inc. (“SmileDirectClub” or “the Company”) (NASDAQ: SDC). The investigation concerns whether SmileDirectClub and certain of its officers and/or directors have violated federal securities laws.
On February 19, 2020, Reuters reported that dentist Jeffrey A. Sulitzer, SmileDirectClub’s chief clinical officer, is at risk of losing his California license after a two-year state dental board investigation. California’s Attorney General filed a complaint alleging Sulitzer of violating state laws, defrauding state dental regulators and acting with gross negligence toward patients in efforts to grow SmileDirectClub’s business. Following this news, SmileDirectClub stock dropped roughly 8% during intraday trading on February 19, 2020.
If you are aware of any facts relating to this investigation, or purchased SmileDirectClub shares, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.