TransMedics Group (TMDX) Plunges Amidst Allegations of Fraud, Organ Trafficking - Hagens Berman
TransMedics(TMDX) Prnewswire·2025-01-15 00:55
SAN FRANCISCO, Jan. 14, 2025 /PRNewswire/ -- Shares of TransMedics, Group Inc. (NASDAQ: TMDX) suffered a sharp decline over the past two trading days following the release of a damaging report by activist short-seller Scorpion Capital. TransMedics' stock price has dropped $9.84, or 13%, since Scorpion released a report, titled "Walk Like An Egyptian," leveling serious allegations against the company, including fraud, organ trafficking, and off-label device misuse.Hagens Berman has opened an investigation in ...