ALIGN TECHNOLOGY INC
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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Sep 30, 2024 · Filed Nov 5, 2024
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Legal Proceedings
Item 1. Legal Proceedings.
The information required by this item is incorporated herein by reference to the information set forth in Note 7“Legal Proceedings” of the Notes to Condensed Consolidated Financial Statements in Part I, Item 1 of this Quarterly Report on Form 10-Q.
Under the heading "2019 Shareholder Derivative Lawsuit," in Note 7“Legal Proceedings” of the Notes to Condensed Consolidated Financial Statements, we describe that in the first quarter of 2024, the parties to those derivative lawsuit actions entered into a settlement agreement. On August 2, 2024, the U.S. District Court for the Northern District of California granted preliminary approval of the settlement. A notice approved by the court regarding the final settlement approval hearing and describing the terms of the settlement, as well as a copy of the stipulation of settlement itself, is available on the Company’s website at https://investor.aligntech.com/derivativesettlement.
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