An investigation for investors in Sirona Dental Systems, Inc. (NASDAQ:SIRO) shares over potential securities laws violations by Sirona Dental Systems, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/21/2018 -- Sirona Dental Systems, Inc. is under investigation over possible securities laws violations in connection with certain financial statements made by Sirona Dental Systems, Inc.
Investors who purchased shares of Sirona Dental Systems, Inc. (NASDAQ:SIRO), 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 focuses on possible claims on behalf of purchasers of the securities of Sirona Dental Systems, Inc. (NASDAQ:SIRO) concerning whether a series of statements by Sirona Dental Systems, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Long Island City, NY based Sirona Dental Systems, Inc. is a manufacturer of dental equipment. The Company is focused on developing, manufacturing and marketing solutions for dentists around the world. 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