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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 1, 2020 to file lead plaintiff applications in a securities class action lawsuit against Align Technology, Inc. (NasdaqGS: ALGN).
Align and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On July 24, 2019, post-market, the Company announced its 2Q2019 financial results disclosing a significant cut to its 3Q and FY2019 growth projections amid declining sales volumes that were “primarily due to softness in China related to a tougher consumer environment,” contrary to the Company’s prior representations.
On this news, the price of Align’s shares plummeted over 27%.
If you purchased shares of and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is City of Roseville Emps’ Ret. Sys. v. Align Tech., Inc., et al., No. 20-cv-01822.
Click here to read the first filed complaint.