Thieler Law Corp advises investors with losses exceeding $100,000 of the December 2, 2019 lead plaintiff deadline in a class action lawsuit filed against SmileDirectClub Inc (NASDAQ: SDC) (“SmileDirectClub” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Michigan and investors, who purchased SmileDirectClub Inc securities pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s September 2019 initial public offering, have until December 2, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased SmileDirectClub Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that administrative personnel, rather than licensed doctors, provided treatment to the Company’s customers and monitored their progress; that, as a result, the Company’s practices did not qualify as teledentistry under applicable standards; that, as a result, the Company was subject to regulatory scrutiny for the unlicensed practice of dentistry; that the efficacy of the Company’s treatment was overstated; that the Company had concealed these deceptive marketing practices prior to the IPO; and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On September 24, 2019, a class action complaint was filed alleging false advertising, fraud, negligence, and unfair and deceptive trade practices. The complaint disputed the accuracy of several statements in the Registration Statement and highlighted that the Company is subject to litigation for operating as a dentist without proper licensing in several states, as well as other litigation.

Following this news, NASDAQ: SDC share price fell $1.47, or nearly 9%, to close at $15.68 per share on September 24, 2019.

If you were negatively impacted by your investment in SmileDirectClub Inc securities pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s September 2019 initial public offering and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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