SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Align Technology, Inc.
NEW YORK, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Align Technology, Inc. (“Align Technology” or “the Company”) (NASDAQGS: ALGN) concerning possible violations of federal securities laws.
On October 24, 2018, after the market close, Align Technology issued a press release announcing its Q3 2018 financial results and disclosing a 6.1% drop in its Invisalign Average Selling Price (ASP). In an earnings call, John F. Morici blamed the drop on “a combination of promotional programs, unfavorable foreign exchange and product mix…” In a filing with the SEC, also on October 24, 2018, Align Technology announced that the Company’s CMO would transition to part-time. To obtain additional information, go to:
https://www.zlk.com/pslra-1/align-technology-inc-loss-form
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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