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CLASS ACTION UPDATE for XRAY, TDOC and WM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Monday, 25 July 2022 06:30 PM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE /July 25, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

XRAY Shareholders Click Here: https://www.zlk.com/pslra-1/dentsply-sirona-inc-loss-submission-form?prid=30216&wire=1
TDOC Shareholders Click Here: https://www.zlk.com/pslra-1/teladoc-health-inc-loss-submission-form?prid=30216&wire=1
WM Shareholders Click Here: https://www.zlk.com/pslra-1/waste-management-inc-loss-submission-form?prid=30216&wire=1

* ADDITIONAL INFORMATION BELOW *

Levi & Korsinsky, LLP, Monday, July 25, 2022, Press release picture

Dentsply Sirona Inc. (NASDAQ:XRAY)

This lawsuit is on behalf of all persons or entities that purchased Dentsply's common stock between June 9, 2021, and May 9, 2022.
Lead Plaintiff Deadline : August 1, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/dentsply-sirona-inc-loss-submission-form?prid=30216&wire=1

According to the filed complaint, defendants orchestrated a scheme to inflate Dentsply's revenue and earnings by manipulating the Company's accounting for a distributor rebate program so that senior executives would be eligible for significant cash and stock-based incentive compensation. In order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the class period. As a result of defendants' misrepresentations, Dentsply's common stock traded at artificially inflated prices during the class period.

Teladoc Health, Inc. (NYSE:TDOC)

TDOC Lawsuit on behalf of: investors who purchased October 28, 2021 - April 27, 2022
Lead Plaintiff Deadline : August 5, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/teladoc-health-inc-loss-submission-form?prid=30216&wire=1

According to the filed complaint, during the class period, Teladoc Health, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Waste Management, Inc. (NYSE:WM)

This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020.
Lead Plaintiff Deadline : August 8, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/waste-management-inc-loss-submission-form?prid=30216&wire=1

According to the filed complaint, (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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