TransMedics Group Under Investigation for Securities Fraud; Contact Block & Leviton to discuss your rights through Investing.com
Boston, Massachusetts–(Newsfile Corp. – January 15, 2025) – Block & Leviton is investigating TransMedics Group (NASDAQ: ), Inc . (NASDAQ: ™DX) for possible violations of securities laws. Investors who lost money in their TransMedics Group, Inc. investment. they should contact the company to find out more about how they can recover these losses. For more details, visit https://blockleviton.com/cases/tmdx.
What is it about?
Shares of TransMedics Group fell more than 11% on January 10, following the release of a research report by Scorpion Capital. The report alleges irregularities in TransMedics’ business practices, including fraudulent billing schemes, unspecified misuse of its devices and reliance on bribes to induce sales. It also highlights ongoing regulatory oversight, with reports of DOJ, IRS and attorney general investigations into Medicare fraud related to organ procurement costs. In addition, the report makes claims of customer dissatisfaction, with prominent transplant centers ceasing use of TransMedics devices and citing concerns about their clinical value.
Who has the right?
Anyone who purchased TransMedics Group, Inc. common stock. and saw his stock drop may qualify, whether he sold his investment or not. Investors should contact Block & Leviton to learn more.
What does Block & Leviton do?
Block & Leviton is investigating whether the company violated securities laws and may bring proceedings to try to recover losses on behalf of investors who lost money.
What should you do next?
If you have lost money on your investment, you should contact Block & Leviton to learn more through our case website, by email at shareholders@blockleviton.com or by phone at (888) 256-2510.
Whistleblower?
If you have non-public information about TransMedics Group, Inc., you should consider assisting our investigation or working with our attorneys to file a report with the Securities and Exchange Commission under their whistleblower reporting program. Whistleblowers who provide original information to the SEC may be awarded up to 30% of any successful recovery. For more information, contact Block & Leviton at shareholders@blockleviton.com or by phone at (888) 256-2510.
Why contact Block & Leviton?
Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in federal courts across the country. Many of the largest institutional investors in the country hire us to represent their interests. You can learn more about us at our website at www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions.
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To view the original version of this press release, visit https://www.newsfilecorp.com/release/237287
