NEW YORK, Dec. 10, 2019 /PRNewswire/ -- The law firm
of Squitieri & Fearon, LLP announces it is investigating a
potential securities claim on behalf of purchasers who brought the
stock of SmileDirectClub, Inc. (NASDAQ: SDC).
On September 12, 2019 the Company
went public at $23 per share but the
stock price has continued to fall as the market has learned more
information about the Company and its business. Currently SDC
stock trades at approximately $8.00
per share, far less than the offering price and far less than the
price at which many SDC shareholders purchased their
shares.
If you are an investor who purchased SDC stock in its
September 2019 initial public
offering or at any time since then please visit
www.sfclasslaw.com/sdc/ or contact Stephen
J. Fearon, Jr. at Squitieri & Fearon, LLP, 32 East
57th Street, 12th Floor, New York, New York 10022, Telephone (212)
421-6492, email: stephen@sfclasslaw.com to learn more about your
legal rights.
The investigation stems from concerns about whether
SmileDirectClub and certain of its officers and directors have
violated the federal securities laws or engaged in other unlawful
practices.
Squitieri & Fearon, LLP pursues large, complex lawsuits,
including class actions, for stock purchasers who have lost money
on their investments. The attorneys at Squitieri &
Fearon, LLP have served as lead counsel in large class actions
throughout the country.
Contact:
SQUITIERI & FEARON, LLP
Stephen J. Fearon, Jr.
32 East 57th Street
12th Floor
New York, New York 10022
Telephone: (212) 421-6492
Email: stephen@sfclasslaw.com
Website: www.sfclasslaw.com/sdc/
Attorney Advertising. Past results do not guarantee future
outcomes.
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SOURCE Squitieri & Fearon, LLP