BENSALEM, Pa.–(BUSINESS WIRE)–$ALGN #fraud–Law Offices of Howard G. Smith announces an investigation on behalf Align Technology, Inc. (“Align” or the “Company”) (NYSE: ALGN) investors concerning the Company and its officers’ possible violations of federal securities laws.
On July 24, 2019, Align announced its financial results for the second quarter of 2019, revealing significantly declining sales volumes for its Invisalign products and drastically reducing its growth projections for the third quarter and full year of 2019. The Company’s Chief Executive Officer attributed the decline “to softness in China related to a tougher consumer environment.”
On this news, the Company’s share price fell, $74.26, or over 26%, to close at $200.90 per share on July 25, 2019, thereby injuring investors.
If you purchased Align securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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