Kaplan Fox & Kilsheimer LLP is investigating TransMedics Group, Inc. (™DX) for possible violations of the securities laws of Investing.com
NEW YORK – January 10, 2025 (NEWMEDIAWIRE) – Kaplan Fox & Kilsheimer LLP is investigating possible securities violations against TransMedics Group (NASDAQ: ), Inc . (TransMedics or the Companies) (NASDAQ: ™DX).
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If you are a TransMedics investor and have suffered losses, you can CLICK HERE to contact us. You can also contact Kaplan Fox by emailing pmayer@kaplanfox.com or calling (646) 315-9003.
On January 10, 2025, Scorpion Capital released a short report titled Walk Like an Egyptian: A Mafia-Style Extortion, Racketeering, and Organ Trafficking Scheme Masked and Medical (TASE:) A device company fueled by kickbacks, billing fraud, unreported device failures and off-label abuse on a massive scale; Driving customer exodus and rapidly developing a death spiral. Goal (NYSE:) Price: $0 (report). The report cited, among other things, fraudulent billing schemes, off-label abuse of its devices and reliance on commissions to drive sales. The report also said the company could be under regulatory scrutiny from the U.S. Department of Justice, IRS and state attorneys general for Medicare fraud related to organ procurement costs.
Following this news, TransMedics’ share price fell $3.74, or 5.16%, to $68.81 on January 10, 2025.
WHY CONTACT KAPLAN FOX – Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and results clients demand. Through litigating cases at the federal and state levels, Kaplan Fox has successfully shaped the law by making many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you can visit our website at www.kaplanfox.com.
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If you have any questions about this investigation, please contact:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
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