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NEW YORK – January 11, 2025 (NEWMEDIAWIRE) – Kaplan Fox & Kilsheimer LLP is investigating a possible violation of law against TransMedics Group (NASDAQ: ), Inc. (TransMedics or Company) (NASDAQ: ™DX).
CLICK HERE FOR MORE INFORMATION ABOUT THIS RESEARCH
If you are a TransMedics investor and have experienced a loss, you can CLICK HERE to contact us. You can also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
On January 10, 2025, Scorpion Capital published a short report titled, Walk Like An Egypt: A Mafia-Style Extortion, Racketeering, And Organ Trafficking Scheme Masquerading And A Medicine (TASE:) Device Company Organized by Kickbacks, Payment Fraud, Unreported Device Defects, and Off-Label Abuse on a Large Scale; Coaching Customer Flow and Rapidly Straightening Death. Purpose (NYSE:) Price: $0 (Report). The report highlights, among other things, fraudulent reimbursement schemes, off-label use of its ingredients, and reliance on fees to drive sales. The report also states that the Company may be under investigation by the US Department of Justice, the Internal Revenue Service, and federal attorneys general for Medicare fraud related to procurement costs.
On this news, TransMedics’ stock price fell $3.74, or 5.16%, to close at $68.81 on January 10, 2025.
WHY JOIN KAPLAN FOX – Kaplan Fox is a leading national law firm focused on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With more than 50 years of experience in compensation claims, Kaplan Fox provides the professional experience and track record clients seek. By litigating cases at the federal and state levels, Kaplan Fox has successfully shaped the law by winning many landmark decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you can visit our website at www.kaplanfox.com.
This press release may be considered Attorney Disclosure in other jurisdictions under applicable law and ethics.
If you have any questions about this survey, 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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