Friday, Holzer Holzer & Fistel, LLC, said that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of purchasers of Align Technologies, Inc. (ALGN) who purchased shares between January 30, 2007 through October 24, 2007, inclusive. The lawsuit alleges that Align failed to disclose that it was shifting its focus from generating new case starts to clearing backlog. The complaint alleges this shift resulted in a substantial decrease in new business which, according to the lawsuit, made the company's Class Period statements about its financial prospects false and misleading.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.