SmileDirectClub (SDC) completed its Initial Public Offering ("IPO") in September 2019 - five years after the company was founded - raising ~$1.3bn via the issuance of ~58.5m shares priced at ~$23 per ...
Following this decision and after the parties’ Supply Agreement expired, Align Technology, in August 2020, filed an arbitration demand against SmileDirectClub alleging that the Company breached the ...
Align Technology (NASDAQ:ALGN) has agreed to pay $27.5M to resolve a lawsuit alleging that the Tempe, Arizona-based clear aligner maker conspired to drive up prices of products marketed by its ...
In the latest development in a three-year dispute, Nashville-based SmileDirectClub has pledged to appeal a California trial court’s ruling after its competitor Align Technology was awarded $63 million ...
Invisalign maker Align Technology has filed a lawsuit against SmileDirectClub claiming that the company misleads patients by advertising that its clear aligner treatment is provided under the care of ...
Align Technology, maker of the Invisalign system and other orthodontic products, slapped SmileDirectClub (SDC), its investors and principals with a false advertising lawsuit Tuesday in California ...
Align Technology will supply non-Invisalign clear aligners for SmileDirectClub's doctor-directed, at-home program, under terms of a supply agreement between the companies.
The company had 31.6% lower revenue in 2021 compared to 2020. Smile Direct has not had a profitable quarter since it went public in 2019. The company's lower revenue numbers led to a selling spree ...
The company released its fourth-quarter and 2021 year-end earnings report after the markets closed on Monday. Revenue was down and losses were up. The company reported Q4 revenue of $126 million, down ...