| COMPANY |
TransMedics Group, Inc. |
| COURT |
United States District Court for the District of Massachusetts |
| CASE NUMBER |
1:25-cv-10385 |
| JUDGE |
The Hon. Leo Theodore Sorokin |
| CLASS PERIOD |
February 28, 2023 through January 10, 2025 |
| SECURITY TYPE |
Securities |
Case Background:
This is a class action lawsuit filed on behalf of those who purchased or otherwise acquired TransMedics Group, Inc. (“TransMedics”) (NASDAQ: TMDX) securities between February 28, 2023, and January 10, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue; (2) TransMedics engaged in unsafe practices and hid safety issues and generally lacked safety oversight; and (3) the foregoing subjected TransMedics to heightened risk of scrutiny and regulatory risk.
Current Status of Case:
On August 8, 2025, Lead Plaintiffs filed the First Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.