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Kaskela Law LLC announces that it is investigating Align Technology, Inc. (Align or the Company) (NASDAQ: ALGN) on behalf of the companys stockholders.


GlobeNewswire Inc | Feb 18, 2021 08:30AM EST

February 18, 2021

PHILADELPHIA, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Align Technology, Inc. (Align or the Company) (NASDAQ: ALGN) on behalf of the companys stockholders.

Recently an amended securities fraud complaint was filed against Align on behalf of investors who purchased shares of Aligns common stock between May 23, 2018 and October 24, 2018. According to the complaint, during that time period Align and certain senior executive officers issued a series of false and misleading statements to investors, and repeatedly downplayed competition in the comprehensive clear aligner space and assured the market that the Company was not making changes to respond to growing competitive threatseven as they secretly planned and implemented an undisclosed, aggressive discounting program to the Companys core comprehensive product line that decreased the Average Selling Price for Invisalign.

The firms investigation seeks to determine whether the members of Aligns board of directors breached their fiduciary duties to Align and its stockholders in connection with the above alleged misconduct.

Current Align stockholders who purchased or acquired shares of Aligns common stock prior to July 25, 2018 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 1585, or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/case/align-technology-inc/, for additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:

D. Seamus Kaskela, Esq.KASKELA LAW LLC18 Campus Blvd., Suite 100Newtown Square, PA 19073(484) 258 1585(888) 715 1740www.kaskelalaw.comskaskela@kaskelalaw.com

This notice may constitute attorney advertising in certain jurisdictions.







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