Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

No Smiles Here

A shareholder class action claims that SmileDirect made false or misleading statements in its $1.3 billion IPO, “specifically … the severity of the legal obstacles SmileDirect faces in 40 states,” causing the share price to drop from $23 to $13 in 15 days, in Davidson County Court.

NASHVILLE — A shareholder class action claims that SmileDirect made false or misleading statements in its $1.3 billion IPO, “specifically … the severity of the legal obstacles SmileDirect faces in 40 states,” causing the share price to drop from $23 to $13 in 15 days, in Davidson County Court.

Categories / Securities

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...