A lawsuit was filed on behalf of investors in Henry Schein, Inc. (NASDAQ:HSIC) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 03/27/2018 -- An investor in shares of Henry Schein, Inc. (NASDAQ:HSIC) filed a lawsuit over alleged violations of Federal Securities Laws by Henry Schein, Inc.
Investors who purchased shares of Henry Schein, Inc. (NASDAQ:HSIC) should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
On February 12, 2018, it was reported that the Federal Trade Commission (FTC) has filed a complaint against the three largest U.S. dental supply companies in the country, including Henry Schein, Inc. The complaint alleges that the companies conspired to prevent dental groups from buying their products in bulk at a discount.
The plaintiff claims that between March 7, 2013 and February 12, 2018, the defendants made false and/or misleading statements and/or failed to disclose that Henry Schein was engaging in unethical, anti-competitive behavior through agreements with Benco Dental Supply Company and Patterson Companies, Inc., in violation of United States antitrust laws, that Henry Schein engaged in such behavior, in part, to help maintain profitability in a consolidating health care industry, that these violations of U.S. antitrust laws would result in heightened scrutiny by the federal government and a lawsuit filed by the Federal Trade Commission ("FTC"), that Henry Schein failed to maintain adequate internal controls, and that a result, defendants' statements about Henry Schein's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Henry Schein, Inc. (NASDAQ:HSIC) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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