TransMedics(US:TMDX) Prnewswireยท2025-03-21 09:45Core Viewpoint - A class action securities lawsuit has been filed against TransMedics Group, Inc. for alleged securities fraud affecting investors between February 28, 2023, and January 10, 2025 [1][2] Group 1: Allegations - The lawsuit claims that TransMedics engaged in kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue [2] - It is alleged that the company engaged in unsafe practices, concealed safety issues, and lacked proper safety oversight [2] - The aforementioned actions reportedly subjected TransMedics to increased scrutiny and regulatory risks, leading to materially false and misleading statements about its business and operations [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]