Group 1 - The Rosen Law Firm is reminding purchasers of Treace Medical Concepts, Inc. securities from May 8, 2023, to May 7, 2024, about the June 10, 2025, lead plaintiff deadline for a class action lawsuit [1] - Investors who purchased Treace Medical securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by June 10, 2025 [3] Group 2 - The lawsuit alleges that during the class period, Treace Medical made false or misleading statements regarding competition affecting the demand for its primary product, the Lapiplasty 3D Bunion Correction System, leading to a decline in revenue [5] - The lawsuit claims that Treace Medical needed to accelerate plans for an alternative product to osteotomy due to the impact of competition [5] - Defendants' positive statements about Treace Medical's business and prospects were materially misleading and lacked a reasonable basis, resulting in investor damages when the truth was revealed [5] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4] - The firm has been recognized for its performance in securities class action settlements, including a record settlement against a Chinese company and ranking highly in the number of settlements achieved [4]
TMCI Investors Have Opportunity to Lead Treace Medical Concepts, Inc. Securities Fraud Lawsuit