Grabar Law Office is investigating a potential shareholder action on behalf of current shareholders of Tactile Systems Technology, Inc. (TCMD) after the class action lawsuit partially survives motion to dismiss
Philadelphia, Pa.–(Newsfile Corp. – May 3, 2022) – A class action lawsuit that was filed in 2020 against Tactile Systems Technology, Inc. TCMD survived a motion to dismiss. The Complaint alleges that Tactile made a number of materially false and misleading statements regarding the market and sales of its Pneumatic Compression Devices (“PCDs”) for the home treatment of lymphedema and chronic venous insufficiency (“CVI ”) and Revenue Growth and Drivers.
Touch shareholders who have held shares in the company since at least May 7, 2018 can seek corporate reforms, the return of funds to the company’s coffers, and possibly a court-approved incentive award, if appropriate.
If you would like to find out more at no cost to you, please complete the form provided at https://grabarlaw.com/the-latest/tactile-systems-investigation/ or contact us at [email protected] or call 267-507-6085. $TCMD.
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Joshua H. Grabar, Esq.
Grabar law firm
A place of freedom
1650 Market Street, Suite 3600
Philadelphia, Pennsylvania 19103
Email: [email protected]
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