SDC SmileDirectClub

Plaintiffs Drop Class Action Claims Against Smile Direct Club

Plaintiffs Drop Class Action Claims Against Smile Direct Club

NASHVILLE, Tenn., Dec. 18, 2019 (GLOBE NEWSWIRE) -- , (Nasdaq: SDC), the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced that 21 of the consumer “class”  plaintiffs under the Ciccio class action complaint have voluntarily withdrawn their claims, leaving only one plaintiff in court and one that has been sent to arbitration.  

On December 12, 2019, all but two consumer plaintiffs filed an official notice of voluntary dismissal under Ciccio et al v. SmileDirectClub, LLC, et al. (3:19-cv-00845; U.S. District Court for the Middle District of Tennessee).

Susan Greenspon Rammelt, General Counsel, SmileDirectClub commented: "We have maintained that there was no merit to these claims being filed in court and these withdrawals are a confirmation of our position. The court recently sent the original consumer plaintiff to arbitration. That ruling led to this voluntary withdrawal.” 

Greenspon Rammelt concluded: “We look forward to the rest of this complaint being stricken or dismissed and working with our affiliated network of dentists and orthodontists to serve our customers without this distraction.” 

Founded in 2014, SmileDirectClub is a dental service organization that connects eligible consumers with state-licensed dentists and orthodontists who leverage SmileDirectClub’s technology to prescribe and manage remote clear aligner therapy at a cost up to 60% less than traditional braces.

About SmileDirectClub

SmileDirectClub, Inc. (Nasdaq: SDC) (“SmileDirectClub”) is the industry pioneer as the first direct-to-consumer medtech platform for transforming smiles. Through our cutting-edge teledentistry technology and vertically integrated model, we are revolutionizing the oral care industry. SmileDirectClub’s mission is to democratize access to affordable and convenient care, unleashing the power of a person’s smile to positively impact their place in the world. SmileDirectClub was founded by Alex Fenkell and Jordan Katzman in partnership with Camelot Venture Group. Available in the U.S., Canada, Australia, New Zealand, Ireland, Hong Kong and the UK, SmileDirectClub is headquartered in Nashville, Tennessee. For more information, visit 



Contact:
SmileDirectClub Media Relations:  
EN
18/12/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SmileDirectClub

 PRESS RELEASE

SmileDirectClub Seeks to Execute Comprehensive Recapitalization to Str...

SmileDirectClub Seeks to Execute Comprehensive Recapitalization to Strengthen the Business for Sustainable Growth Company Intends to Maintain Normal Operations, Transforming Smiles Without Disruption NASHVILLE, Tenn., Sept. 29, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care Company with the first medtech platform for teeth straightening, today announced a process to implement a comprehensive recapitalization transaction. The additional capital and stronger financial position from this recapitalization is intended to bolster the Company’s bala...

 PRESS RELEASE

SmileDirectClub To Appeal Decision In Align Technology Arbitration

SmileDirectClub To Appeal Decision In Align Technology Arbitration Company Maintains Procurement of Award By Its Former Strategic Partner, Investor and Supplier Secured Through Undue Means NASHVILLE, Tenn., Aug. 24, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub (NASDAQ: SDC), the oral care leader and creator of the first med tech platform for teeth straightening, announced its intention to appeal a decision regarding an award of $63 million to be paid to Align Technology following a dispute over the Company’s exclusive supply agreement with its former strategic partner. “SmileDirectClub is ...

 PRESS RELEASE

SmileDirectClub Reports Second Quarter 2023 Financial Results

SmileDirectClub Reports Second Quarter 2023 Financial Results Fourth Consecutive Quarter With Improved Year-Over-Year EPS and Adjusted EBITDA NASHVILLE, Tenn., Aug. 08, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights Total revenue of $102 million, a 15.0% decrease over the first quarter of 2023 and a decrease of 19.1% over the prior year period. The sequent...

 PRESS RELEASE

SmileDirectClub Partners With Leading Medical Aesthetic Provider Théra...

SmileDirectClub Partners With Leading Medical Aesthetic Provider Thérapie Clinic To Expand SmileShop Reach In UK and Ireland New SmileShops opened inside Thérapie Clinic UK and Ireland with plans to expand to further locations in 2023 UK retail expansion follows SmileDirectClub’s strong financial first quarter and SmileShop expansion across the US NASHVILLE, Tenn., July 26, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the next-generation oral care company with the first medtech platform for teeth straightening, announced today the opening of eight new SmileShops in the ...

 PRESS RELEASE

SmileDirectClub Expands New Premium CarePlus Offering To All US SmileS...

SmileDirectClub Expands New Premium CarePlus Offering To All US SmileShops and Select Partner Network Locations Premium Aligner Service Blends In-Person Doctor Visits And Virtual Check-Ins, Plus Concierge Customer Service and Elevated Product Features NASHVILLE, Tenn., July 24, 2023 (GLOBE NEWSWIRE) -- , Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, today announced its premium aligner offering, CarePlus, will be available at all U.S. SmileShop and select Partner Network locations beginning in August, giving consumers e...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch