Shareholder Alert: Robbins Arroyo LLP Is Investigating SmileDirectClub, Inc. (SDC)
SmileDirectClub, Inc. (SDC)
Last smiledirectclub, inc. earnings: 2/25 04:03 pm
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Source: Business Wire
SAN DIEGO & NASHVILLE, Tenn.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP informs shareholders that it is investigating SmileDirectClub, Inc. (NASDAQ: SDC) for potential violations of federal securities laws pursuant to its September 2019 initial public offering ("IPO"). SmileDirectClub completed its IPO on September 11, 2019, offering 58.5 million shares at $23.00 per share. The next day, SmileDirectClub's share price fell $6.33 per share, or over 27%, to close at $16.67. The stock has yet to recover and currently trades at around $19 per share, a 17% decline from SmileDirectClub's IPO price. SmileDirectClub operates a teledentistry platform that provides members with aligner therapy treatment.If you suffered a loss as a result of SmileDirectClub's misconduct, click here.SmileDirectClub, Inc. (SDC) Shareholders Have Legal OptionsContact us to learn more:Leo Kandinov(800) 350-6003LKandinov@robbinsarroyo.comShareholder Information FormRobbins Arroyo LLP is a nat
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