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The Gross Law Firm Reminds TransMedics Group, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 15, 2025 - TMDX
TransMedicsTransMedics(US:TMDX) Prnewswireยท2025-03-20 09:04

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of TransMedics Group, Inc. regarding a class action lawsuit alleging that the company engaged in fraudulent practices and misled investors during the specified class period [1]. Group 1: Allegations Against TransMedics - The complaint alleges that TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue [1]. - It is claimed that TransMedics engaged in unsafe practices, hid safety issues, and lacked proper safety oversight [1]. - The allegations suggest that these actions subjected TransMedics to increased scrutiny and regulatory risk, 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 be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].