StockNews.AI
TMDX
StockNews.AI
171 days

Kessler Topaz Meltzer & Check, LLP Encourages TransMedics Group, Inc. Investors with Losses to Contact the Firm

1. A class action lawsuit was filed against TransMedics Group, Inc. for investor losses. 2. Allegations include kickbacks, fraudulent overbilling, and unsatisfactory safety practices. 3. Defendants allegedly failed to disclose regulatory risks impacting the company. 4. Investors can seek lead plaintiff status until April 15, 2025. 5. The firm encourages affected investors to contact them for more information.

5m saved
Insight
Article

FAQ

Why Very Bearish?

The allegations against TMDX suggest significant legal and ethical breaches, which historically lead to stock price declines when similar situations occurred, such as with Theranos or Valeant Pharmaceuticals.

How important is it?

The lawsuit is highly relevant and could lead to severe financial impact on TMDX, given the nature and severity of the allegations.

Why Long Term?

The implications of the lawsuit may linger as regulatory scrutiny typically impacts business operations, investor confidence, and stock performance over extended periods.

Related Companies

HCAHLTHMDGLZBH
RADNOR, Pa., March 1, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against TransMedics Group, Inc. ("TransMedics") (NASDAQ: TMDX) on behalf of those who purchased or otherwise acquired TransMedics securities between February 28, 2023, and January 10, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 15, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered TransMedics losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/transmedics-group-inc?utm_source=PR&utm_medium=link&utm_campaign=tmdx&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. DEFENDANTS' ALLEGED MISCONDUCT:The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue; (2) TransMedics engaged in unsafe practices and hid safety issues and generally lacked safety oversight; and (3) the foregoing subjected TransMedics to heightened risk of scrutiny and regulatory risk. THE LEAD PLAINTIFF PROCESS:TransMedics investors may, no later than April 15, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages TransMedics investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/transmedics-group-inc?utm_source=PR&utm_medium=link&utm_campaign=tmdx&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world.  The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJonathan Naji, Esq.(484) 270-1453280 King of Prussia RoadRadnor, PA 19087[email protected] May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes. SOURCE Kessler Topaz Meltzer & Check, LLP

Related News