Investigation Overview
April 2, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of DENTSPLY International Inc. (NASDAQ:XRAY) shares was announced over potential breaches of fiduciary duties by certain officers and directors at DENTSPLY International.
The investigation by a law firm concerns whether certain DENTSPLY International Inc. (NASDAQ:XRAY officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
DENTSPLY International Inc. reported that its annual Total Revenue declined from over $2.95 billion in 2013 to over $2.92 billion in 2014 and that its respective Net Income increased from $313.19 million to $322.85 million. Shares of DENTSPLY International Inc. (NASDAQ:XRAY) ) grew from #32.80 per share in November 2011 to as high as $56.25 per share on December 5, 2014.
Since then NASDAQ:XRAY shares declined to $49.42 per share in early February 2015.
On March 30, 2015, NASDAQ:XRAY shares closed at $51.28 per share.