Class Action Filed Against TransMedics Group, Inc. (TMDX) Seeking Recovery for Investors - Contact Levi & Korsinsky
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A class action lawsuit has been filed against TransMedics Group, Inc. (TMDX) by Levi & Korsinsky LLP, alleging securities fraud between February 28, 2023 and January 10, 2025. The complaint claims the company used fraudulent business practices, including kickbacks, overbilling, and unsafe operational tactics, which potentially misled investors about the company's true business status.
March 27, 2025 | 10:45 pm
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The class action lawsuit could negatively impact TransMedics Group's stock price due to allegations of fraudulent business practices and potential regulatory scrutiny.
The lawsuit alleges significant misconduct including kickbacks, fraudulent billing, and safety issues, which could lead to financial penalties, reputational damage, and potential regulatory investigations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100