February 03, 2025
A Texas bankruptcy judge on Monday asked a law firm why it didn't disclose previous work it did for the Chapter 7 trustee liquidating SmileDirectClub when it applied to be special litigation counsel, saying he needs more information about Orrick Herrington & Sutcliffe LLP's work in connection to an ongoing investor lawsuit against the defunct teledentistry group's executives.
June 06, 2023
Investors in direct-to-consumer teledentistry company SmileDirectClub have asked a Nashville federal judge to certify their proposed class in a consolidated action alleging that the company concealed certain business practices in the lead-up to its $1.3 billion initial public offering in 2019.
April 23, 2020
A proposed class of investors has challenged SmileDirectClub's bid to toss their suit over its disappointing post-IPO stock performance, arguing in Tennessee federal court that their complaint includes detailed allegations that the company filed misleading offering documents.
March 24, 2020
SmileDirectClub asked a Tennessee federal judge on Monday not to let investors pursue securities fraud claims over its disappointing post-IPO stock performance, saying "buyer's remorse is not actionable."