Saxena White P.A. is pleased to announce that on May 22, 2025, the United States District Court for the District of Massachusetts appointed the Peace Officers’ Annuity and Benefit Fund of Georgia and Oguzhan Altun as Lead Plaintiff and Saxena White P.A. as Co-Lead Counsel in the securities class action against TransMedics Group, Inc.

The action alleges that, during the class period, Defendants made materially false and misleading statements and failed to disclose that TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue and engaged in unsafe practices and hid safety issues. The foregoing subjected TransMedics to heightened risk of scrutiny and regulatory risk.