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Class Action Announcement for TransMedics Group, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against TransMedics Group, Inc. - Contact Kessler Topaz Meltzer & Check, LLP
TransMedicsTransMedics(US:TMDX) Prnewswireยท2025-02-24 15:00

Core Viewpoint - A securities class action lawsuit has been filed against TransMedics Group, Inc. for alleged misconduct during the Class Period from February 28, 2023, to January 10, 2025 [1][2]. Allegations Against TransMedics - The complaint alleges that TransMedics engaged in kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue [2]. - It is claimed that TransMedics engaged in unsafe practices, concealed safety issues, and lacked proper safety oversight [2]. - These actions purportedly exposed TransMedics to increased scrutiny and regulatory risks [2]. Lead Plaintiff Process - Investors in TransMedics can seek to be appointed as a lead plaintiff representative by April 15, 2025, or may choose to remain absent [3]. - The lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. - The decision to serve as a lead plaintiff does not affect the ability to share in any recovery [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].