Energy News / Shareholders Foundation, Inc.

NASDAQ:SIRO Shareholder Notice: Investigation over Potential Wrongdoing at Sirona Dental Systems, Inc

Via: ReleaseWire

Updated 10:28 AM CDT, Wed, April 11,2018

An investigation on behalf of investors in Sirona Dental Systems, Inc. (NASDAQ:SIRO) shares over potential wrongdoing at Sirona Dental Systems, Inc. was announced.

San Diego, CA -- (SBWIRE) -- 04/11/2018 -- Certain directors of Sirona Dental Systems, Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Sirona Dental Systems, Inc. (NASDAQ:SIRO) and currently hold any of those NASDAQ:SIRO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Sirona Dental Systems directors breached their fiduciary duties and caused damage to the company and its shareholders.

Sirona Dental Systems, Inc. reported that its Total Revenue rose from $913.87 million for the 12 months period that ended on September 30, 2011 to over $1.17 billion for the 12 months period that ended on September 30, 2014. Shares of Sirona Dental Systems, Inc. (NASDAQ:SIRO) grew from $41.16 per share in June 2012 to as high as almost $105 per share in August 2015. On September 15, 2015 DENTSPLY International Inc. (NASDAQ: XRAY) and Sirona Dental Systems, Inc. (NASDAQ:SIRO) announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine in an all-stock merger of equals. Under the terms of the agreement, Sirona Dental Systems, Inc. (NASDAQ:SIRO) shareholders will receive 1.8142 shares of DENTSPLY for each existing Sirona Dental Systems, Inc. (NASDAQ:SIRO) share. Based on a closing price of $53.62 per share of DENTSPLY International Inc. shares on September 14, 2015 shareholders in Sirona Dental Systems, Inc. (NASDAQ:SIRO) will receive a value of approximately $97.28 per share.

Those who purchased shares of Sirona Dental Systems, Inc. (NASDAQ:SIRO) 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqsiro-shareholder-notice-investigation-over-potential-wrongdoing-at-sirona-dental-systems-inc-961650.htm

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