The Gross Law Firm Notifies Shareholders of Treace Medical Concepts, Inc.(TMCI) of a Class Action Lawsuit and an Upcoming Deadline

Core Points - The Gross Law Firm has issued a notice to shareholders of Treace Medical Concepts, Inc. regarding a class action lawsuit for shareholders who purchased shares during the class period from May 8, 2023, to May 7, 2024 [1] - Allegations in the complaint include that Treace Medical's primary product, the 3D bunion correction system "Lapiplasty," faced competition that negatively impacted demand and utilization, leading to a decline in revenue [1] - The company was required to accelerate plans for an alternative product to osteotomy due to the decline in revenue, and the defendants' positive statements about the company's business were misleading [1] Shareholder Information - Shareholders are encouraged to register for the class action by June 10, 2025, to potentially be appointed as lead plaintiff [2] - Registration allows shareholders to enroll in a portfolio monitoring software for status updates throughout the case lifecycle [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]