Tactile Systems Technology Investors With Losses Greater Than $100K

Tactile Systems Technology Investors With Losses Greater Than $100K

//
Posted By
/
Comment0
/

Kehoe Law Firm, P.C. is investigating securities claims on behalf of investors of Tactile Systems Technology, Inc. (“Tactile Systems” or the “Company”) (NASDAQ: TCMD) to determine whether the Company provided misleading or false information to investors.

On June 8, 2020 OSS Research reported that Tactile Systems’ “true source of [its] growth” is “. . . a kickback arrangement . . . resulting in rampant over-prescribing.”  OSS Research reported that “Medicare has launched an audit, and data reveals that Tactile has been found non-compliant on 71% of its claims.”

On this news, shares of Tactile Systems dropped approximately 10.05% to close at $47.26 on June 8, 2020.

Tactile Systems investors who purchased, or otherwise acquired, the Company’s securities and suffered losses greater than $100,000 are encouraged to contact Kehoe Law Firm, P.C., Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802, [email protected][email protected], to discuss the securities investigation or potential legal claims.

Kehoe Law Firm, P.C.