Energy News / Shareholders Foundation, Inc.

NASDAQ: SDC Shareholder Notice: Deadline on December 2, 2019 in Lawsuit Against SmileDirectClub, Inc.

Via: ReleaseWire

Updated 10:03 AM CST, Mon, November 18,2019

A Deadline is coming up on December 2, 2019 in the lawsuit for certain investors in SmileDirectClub, Inc. (NASDAQ: SDC) and NASDAQ: SDC stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 11/18/2019 -- The Shareholders Foundation announced that a deadline is coming up on December 2, 2019 in the lawsuit filed for certain investors in NASDAQ: SDC shares.

Investors who purchased shares of SmileDirectClub, Inc. (NASDAQ: SDC) have certain options and there are strict and short deadlines running. Deadline: December 2, 2019. NASDAQ: SDC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of SmileDirectClub, Inc. (NASDAQ: SDC) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the , Defendants failed to disclose to investors that administrative personnel, rather than licensed doctors, provided treatment to the Company's customers and monitored their progress, that, as a result, the Company's practices did not qualify as teledentistry under applicable standards, that, as a result, the Company was subject to regulatory scrutiny for the unlicensed practice of dentistry, that the efficacy of the Company's treatment was overstated, that the Company had concealed these deceptive marketing practices prior to the IPO, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

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 contact 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-sdc-shareholder-notice-deadline-on-december-2-2019-in-lawsuit-against-smiledirectclub-inc-1265633.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com