Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS AGAINST OFFICERS AND DIRECTORS OF TREACE MEDICAL CONCEPTS, INC. (NASDAQ: TMCI)

Treace Medical Concepts, Inc. is a medical technology company focused on advancing the standard of care for the surgical management of bunion and related midfoot deformities.

A recently filed securities class action complaint alleges that, Treace Medical Concepts, Inc. (NASDAQ: TMCI), via certain of its officers, made materially false and/or misleading statements and failed to disclose adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose that: (1) competition impacted the demand for and utilization of its primary product, the Lapiplasty 3D Bunion Correction System; (2) as a result, Treace Medical’s revenue declined, and the Company needed to accelerate its plans to offer a product that served as an alternative to osteotomy (a surgical procedure involving the cutting and realignment of a bone to improve its position or function); and (3) Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Current Treace shareholders who have held Treace shares since prior to May 8, 2023, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever.

If you would like to learn more about this matter, you are encouraged to contact us at jgrabar@grabarlaw.com or call 267-507-6085.

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    Joshua H. Grabar

    Joshua H. Grabar

    Mr. Grabar specializes in Class Action, Price Fixing, Antitrust, Consumer Protection, Securities Litigation, Compliance. He has been honored as a Super Lawyer from 2017-25 and an AV Preeminent attorney. Mr. Grabar is a member of the International Municipal Lawyers Association (IMLA) and Engaging Local Government Leaders (ELGL).