Dentsply Investor Suit Over Channel Stuffing Teed Up for Trial

Dentsply Sirona Inc. and investors will go to trial over class accusations that the dental supply maker masked its financial well-being through accounting errors and a practice of over-sending inventory to distributors. Dentsply and former executives' bid to toss a portion of the suit over their intent to defraud fell short, Judge Arun Subramanian said, punting most of the investors' claims to a jury. The record was replete with evidence that former CEO Donald M. Casey Jr., who has since died, and chief financial officer Jorge Gomez acted with intent or recklessness to mislead investors over accounting errors that ...