The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency of Class Action which you can access by clicking here. Because this website is just a summary, you should review the Notice of Pendency of Class Action for additional details.
If you purchased or acquired SmileDirectClub, Inc. (“SmileDirect” or the “Company”) common stock pursuant or traceable to the Registration Statement and Prospectus issued in connection with SmileDirect’s September 12, 2019 initial public offering (“IPO”), a class-action lawsuit may affect your rights.
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS LAWSUIT |
| DO NOTHING | If you are a Class member and you do nothing, you will stay in the Class. This means you will be legally bound by all of the orders the Court issues and judgments the Court makes in this Action, whether favorable or unfavorable to you. If you stay in the Class and money is paid to the Class, either through a settlement with Defendants or a judgment of the Court after trial, you may be eligible to receive a share of that recovery. Keep in mind that if you do nothing now, regardless of whether Class Representatives win or lose the case, you will not be able to sue Defendants in any other lawsuit about the same claims that are the subject of this Action. |
| ASK TO BE EXCLUDED | If you wish to be excluded from the Class (to “opt-out”), you must submit a letter stating that you “request exclusion from the Class in In re: SmileDirectClub, Inc. Securities Litigation, Lead Case No. 19-1169-IV (Tenn. Ch.).” Your request for exclusion must: (i) state the name, address, and telephone number of the person or entity requesting exclusion; (ii) state the number of shares of SmileDirect common stock that the person or entity requesting exclusion received or acquired pursuant or traceable to the Offering Documents; and (iii) be signed by the person or entity requesting exclusion or an authorized representative. You must either mail or email your exclusion request so that it is postmarked no later than December 19, 2022 in accordance with the instructions in the Notice. |
The Court has not made any determination regarding the merits of Plaintiffs’ claims, and this Notice is not an admission by Defendants or an expression of any opinion of the Court concerning the merits of the Action. Defendants vigorously deny any and all allegations of wrongdoing and/or liability. There is no settlement or monetary recovery at this time.
Please read the Notice carefully. If you have questions, you may call A.B. Data, Ltd. (the “Notice Administrator”) at 1-877-354-3786.