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Investors in TransMedics Group, Inc. Should Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights - TMDX
TMDXTransMedics(TMDX) Prnewswire·2025-03-17 09:45

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of TransMedics Group, Inc. regarding a class action lawsuit alleging fraudulent practices and misleading statements by the company during the specified class period [1][2]. Group 1: Allegations Against TransMedics - The complaint alleges that TransMedics engaged in kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue [1]. - It is claimed that the company engaged in unsafe practices, concealed safety issues, and lacked proper safety oversight [1]. - The allegations suggest that these actions exposed TransMedics to increased scrutiny and regulatory risks, leading to materially false and misleading statements about its business and operations [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 28, 2023, to January 10, 2025 [1]. - Shareholders are encouraged to register for the class action by April 15, 2025, to potentially become lead plaintiffs [2]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2]. Group 3: Firm's Mission and Commitment - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices [3]. - The firm is dedicated to ensuring companies adhere to responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated the company's stock value [3].