Levi & Korsinsky Notifies TransMedics Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – TMDX
Portfolio Pulse from
Law firm Levi & Korsinsky has filed a class action securities lawsuit against TransMedics Group, Inc. (TMDX) covering the period from February 28, 2023 to January 10, 2025. The lawsuit alleges the company engaged in fraudulent business practices, including kickbacks, overbilling, and safety oversight failures that could expose the company to regulatory risks.
March 24, 2025 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Class action lawsuit alleges serious misconduct in business practices, which could lead to potential financial and reputational damage for TransMedics Group.
The lawsuit alleges serious misconduct including kickbacks, fraudulent billing, and safety oversights. Such allegations can significantly damage investor confidence, potentially leading to stock price decline, regulatory investigations, and long-term reputational harm.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100