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Stock impact report

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against TransMedics Group, Inc. (TMDX)

TransMedics Group, Inc. (TMDX) 
Last transmedics group, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Massachusetts on behalf of all persons or entities who purchased or otherwise acquired TransMedics Group, Inc. (“TransMedics” or the “Company”) (NASDAQ: TMDX) securities between February 28, 2023 and January 10, 2025, inclusive (the “Class Period”). The Complaint alleges that, during the Class Period, Defendants failed to disclose to investors that: (i) the Company used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue; (ii) the Company engaged in unsafe practices and hid safety issues and generally lacked safety oversight; (iii) the foregoing subjected the Company to heightened risk of scrutiny and regulatory risk; and (iv) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked Show less Read more
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