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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 June 17, 2015 Seeking Alpha published a report on their website that claimed ClearCorrect announced the United States Patent and Trademark Office ("USPTO") has granted its request for reexamination of various patents assigned to Align. Align has two months' time to respond if reversal of the USPTO's determination is to be pursued.
After the release of this news, Align shares declined $1.55 per share, to 62.74, or more than 2.41%, on June 17, 2015.
Based in San Jose, CA and founded in 1997, Align Technology Inc is a designer, manufacturer, and marketer of a system of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing (CAD/CAM) services for use in dentistry, orthodontics, and dental records storage in the United States and internationally.
If you purchased shares of Align Technology Inc (NASDAQ: ALGN) on or before June 17, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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