Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Align Technology Inc (NASDAQ: ALGN) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Align Technology Inc (NASDAQ: ALGN) concerning whether a series of statements by Align Technology Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 24, 2018, the Company revealed it’s 3Q 2018 earnings. Align revealed a 6.1% drop in its Invisalign Average Selling Price (ASP). In an earnings call, John F. Morici blamed the drop on “a combination of promotional programs, unfavorable foreign exchange and product mix…”

On this news, NASDAQ: ALGN fell as much as $87.71, or about 30%, during intraday trading on October 25, 2018.

Based in San Jose, California, and founded in 1997 Align Technology Inc designs, manufactures, and markets a system of clear aligner therapy, intraoral scanners, and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services.

If you purchased shares of Align Technology Inc (NASDAQ: ALGN) on or before October 24, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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