Align Technology Reaches $27.5 Million Settlement in SmileDirectClub Antitrust Case

Pieter Gunst01 mins

Align Technology Inc. has agreed to a $27.5 million cash and coupon settlement to resolve antitrust claims brought by nearly 1.45 million buyers of SmileDirectClub teeth aligners. The consumers allege that Align colluded with the now-bankrupt SmileDirectClub to unlawfully limit competition in the market for teeth-straightening products. On Thursday, these consumers requested a California federal judge to give preliminary approval to the deal. For more information, visit the complete article.