Treace Medical Concepts, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights

Core Viewpoint - Treace Medical Concepts, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its primary product, the 3D bunion correction system, "Lapiplasty" [3]. Summary by Relevant Sections Company Performance - The lawsuit claims that competition negatively affected the demand and utilization of Treace Medical's primary product, leading to a decline in revenue [3]. - The company was required to expedite plans for an alternative product to osteotomy due to the declining performance of its existing offerings [3]. Legal Proceedings - The class period for the lawsuit is defined as May 8, 2023, to May 7, 2024 [3]. - Shareholders who purchased shares during this period are encouraged to register for participation in the class action, with a deadline set for June 10, 2025 [4]. Investor Information - The Gross Law Firm is representing the shareholders and aims to protect the rights of investors who have suffered losses due to the alleged misleading statements by Treace Medical [5]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4].