Franchi v. SmileDirectClub, Inc. et al

  1. February 03, 2025

    Orrick Pressed On Past Work For SmileDirectClub Trustee

    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.

  2. June 06, 2023

    SmileDirectClub Investors Seek Class Cert. In $1.3B IPO Suit

    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.

  3. April 23, 2020

    Investors Fight SmileDirectClub's Bid To Nix IPO Suit

    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.

  4. March 24, 2020

    SmileDirectClub Bites Back At Investor Suit Over $1.3B IPO

    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."