LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired the securities of Henry Schein, Inc. (“Henry Schein” or the “Company”) (NASDAQ: HSIC) between March 30, 2016 and February 23, 2018, inclusive (the “Class Period”). Henry Schein investors have until May 7, 2018 to file a lead plaintiff motion.
To obtain information or actively participate in the class action, please visit Henry Schein page on our website at www.glancylaw.com/case/henry-schein-inc. Investors that suffered losses on their Henry Schein investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to firstname.lastname@example.org.
The Complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company conspired with other dental supply companies to violate federal antitrust laws; (ii) discovery of the foregoing conduct would subject the Company to heightened regulatory scrutiny and potential criminal sanctions; and (iii) that as a result of the foregoing, Henry Schein’s public statements were materially false and misleading at all relevant times.
On February 12, 2018, the Federal Trade Commission (“FTC”) announced that it filed a complaint against the country's three largest dental supply companies, Henry Schein, Benco Dental Supply Company (“Benco”), and Patterson Companies, Inc. (“Patterson”), alleging violations of U.S. antitrust laws by conspiring to refuse to provide discounts to or otherwise serve buying groups representing dental practitioners. On this news, Henry Schein’s share price fell $4.79, or 6.63%, to close at $67.39 on February 13, 2018.
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If you purchased shares of Henry Schein during the Class Period you may move the Court no later than May 7, 2018 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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