NEW YORK – January 11, 2025 (NEWMEDIAWIRE) – Kaplan Fox & Kilsheimer LLP is investigating potential securities violations towards TransMedics Group (NASDAQ:), Inc. (TransMedics or the Firm) (NASDAQ: ™DX).
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you’re a TransMedics investor and have suffered losses, chances are you’ll CLICK HERE to contact us. You might also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
On January 10, 2025, Scorpion Capital revealed a brief report entitled, Stroll Like An Egyptian: A Mafia-Fashion Extortion, Racketeering, And Organ Trafficking Scheme Masquerading And A Medical (TASE:) System Firm Fueled By Kickbacks, Billing Fraud, Unreported System Failures, And Off-Label Misuse On A Huge Scale; Precipitating A Buyer Exodus And Quickly Unfolding Demise Spiral. Goal (NYSE:) Value: $0 (the Report). The Report alleges, amongst different issues, fraudulent billing schemes, off-label misuse of its gadgets, and reliance on kickbacks to drive gross sales. The Report additionally alleges that the Firm could also be underneath regulatory scrutiny by the U.S. Division of Justice, Inside Income Service, and state attorneys basic for Medicare fraud linked to organ acquisition prices.
On this information, the worth of TransMedics inventory fell by $3.74, or 5.16%, to shut at $68.81 on January 10, 2025.
WHY CONTACT KAPLAN FOX – Kaplan Fox is a number one nationwide regulation agency specializing in advanced litigation with workplaces in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of expertise in securities litigation, Kaplan Fox affords the skilled expertise and observe report that shoppers demand. Via prosecuting circumstances on the federal and state ranges, Kaplan Fox has efficiently formed the regulation by means of successful many essential choices on behalf of our shoppers. For extra details about Kaplan Fox & Kilsheimer LLP, chances are you’ll go to our web site at www.kaplanfox.com .
This press launch could also be thought-about Lawyer Promoting in some jurisdictions underneath the relevant regulation and moral guidelines.
You probably have any questions on this investigation, please contact:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, thirty eighth Ground
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Road, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
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