Class Action Filed Against TransMedics Group, Inc. (TMDX) Seeking Recovery for Investors – Contact Levi & Korsinsky
Portfolio Pulse from
A class action securities lawsuit has been filed against TransMedics Group, Inc. (TMDX) by Levi & Korsinsky LLP. The lawsuit alleges the company engaged in fraudulent business practices between February 28, 2023, and January 10, 2025, including kickbacks, overbilling, unsafe practices, and misleading statements about its business operations.
March 21, 2025 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The class action lawsuit could potentially impact TransMedics' reputation, stock price, and future business prospects by alleging fraudulent practices and safety oversights.
The lawsuit alleges serious misconduct including kickbacks, fraudulent billing, and safety issues, which could lead to financial penalties, regulatory investigations, and investor loss of confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100