ALGN - Align Technology Inc. (ALGN) Investigation: Bronstein Gewirtz & Grossman LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / November 29, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Align Technology, Inc. ("Align" or "the Company") (NASDAQ:ALGN). Investors who purchased Align securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/algn.

The investigation concerns whether Align has violated federal securities laws.

Investigation Details:

On July 26, 2023, Align reported its Q2 2023 earnings and offered guidance for Q3 2023 and revised upwards its full-year 2023 guidance. Discussing the foregoing items on an associated earnings call, Align's officers stated that its product portfolio was largely resilient to inflation and other negative economic trends. However, on October 25, 2023, Align reported its Q3 2023 earnings, which fell short of the previous guidance and analysts' expectations. Align officers attributed this reduction to softness in the adult aligner market to macroeconomic trends. On this news, Align's stock price fell $74.78 per share, or 28.2% to close at $190.94 per share on October 26, 2023.

What's Next?

If you are aware of any facts relating to this investigation or purchased Align securities, you can assist this investigation by visiting the firm's site: bgandg.com/algn. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC