Here are five notes:
1. Align Technology and the defendants in the case have denied any wrongdoing and are not making any monetary payments except potential attorney’s fees for the plaintiffs’ council.
2. The award for attorney’s fees could potentially be $575,000, which would be covered by Align’s insurance.
3. As a part of the settlement, Align will adopt and maintain 17 reforms, which will remain in effect for at least three years.
4. The settlement resolves litigation that has been pending since 2019.
5. The final approval hearing is scheduled for Feb. 4, 2025.
