According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:
- TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue;
- TransMedics engaged in unsafe practices, hid safety issues, and generally lacked safety oversight;
- the foregoing subjected TransMedics to heightened risk of scrutiny and regulatory risk; and
- as a result, defendants statements about TransMedics’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
