{"id":383322,"date":"2020-11-17T13:28:22","date_gmt":"2020-11-17T18:28:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383322"},"modified":"2020-11-17T13:28:22","modified_gmt":"2020-11-17T18:28:22","slug":"important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/","title":{"rendered":"IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C."},"content":{"rendered":"
\n

PHILADELPHIA, Nov. 17, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims<\/a> on behalf of investors of Tactile Systems Technology, Inc. (\u201cTactile\u201d or the \u201cCompany\u201d) (NASDAQ: TCMD<\/a>) to determine whether Tactile engaged in securities fraud or other unlawful business practices.<\/p>\n

\n TACTILE INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY\u2019S SECURITIES BETWEEN MAY 7, 2018 AND JUNE 8, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d), AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S <\/strong>
\n
\n SECURITIES CLASS ACTION QUESTIONNAIRE<\/strong>
\n <\/a>
\n OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, <\/strong>
\n
\n MYARNOFF@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n SECURITIES@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , TO DISCUSS THE\u00a0<\/strong>
\n
\n SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS<\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

\n
\n IF YOU WISH TO SERVE AS LEAD PLAINTIFF, YOU MUST MOVE THE COURT NO LATER THAN NOVEMBER<\/u>
\n <\/strong>
\n
\n 30<\/u>
\n <\/strong>
\n
\n , 2020.<\/u>
\n <\/strong> To be a member of the class action, you do not need to take any action at this time; you may retain counsel of your choice; or you can take no action and remain an absent member of the class action. No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel, unless you retain an attorney. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

According to a class action lawsuit filed on September 29, 2020 in United States District Court, District of Minnesota, during the Class Period, the Tactile Defendants made materially false and misleading statements regarding the Company\u2019s business, operational and compliance policies, and financial results.<\/p>\n

According to the class action complaint, the Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) while Tactile publicly touted a $4 plus billion or $5 plus billion market opportunity, in truth, the total addressable market for Tactile\u2019s pneumatic compression devices (\u201cPCDs\u201d) was materially smaller; (2) to induce sales growth and share gains, Tactile and\/or its employees were engaged in illicit and illegal sales and marketing activities in violation of applicable federal and state rules and public payer regulations; (3) the foregoing illicit and illegal sales and marketing activities increased the risk of a Medicare audit of Tactile\u2019s claims and criminal and civil liability; (4) Tactile\u2019s revenues were in part the product of unlawful conduct and, thus, unsustainable; and as a result of the foregoing, (5) the Defendants\u2019 public statements, including Tactile\u2019s year-over-year revenue growth, the purported growth drivers, and the effectiveness of Tactile\u2019s internal controls over financial reporting, were materially false and misleading at all relevant times.<\/p>\n

\n Kehoe Law Firm, P.C.<\/a>, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\u2013side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\u00a0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.\u00a0\u00a0\u00a0<\/p>\n

This press release may constitute attorney advertising.<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, Nov. 17, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Tactile Systems Technology, Inc. (\u201cTactile\u201d or the \u201cCompany\u201d) (NASDAQ: TCMD) to determine whether Tactile engaged in securities fraud or other unlawful business practices. TACTILE INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY\u2019S SECURITIES BETWEEN MAY 7, 2018 AND JUNE 8, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d), AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS . IF YOU WISH TO SERVE AS LEAD PLAINTIFF, YOU MUST MOVE THE … <\/p>\n

Continue reading “IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383322","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Nov. 17, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Tactile Systems Technology, Inc. (\u201cTactile\u201d or the \u201cCompany\u201d) (NASDAQ: TCMD) to determine whether Tactile engaged in securities fraud or other unlawful business practices. TACTILE INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY\u2019S SECURITIES BETWEEN MAY 7, 2018 AND JUNE 8, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d), AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS . 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(\u201cTactile\u201d or the \u201cCompany\u201d) (NASDAQ: TCMD) to determine whether Tactile engaged in securities fraud or other unlawful business practices. TACTILE INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY\u2019S SECURITIES BETWEEN MAY 7, 2018 AND JUNE 8, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d), AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS . IF YOU WISH TO SERVE AS LEAD PLAINTIFF, YOU MUST MOVE THE … Continue reading \"IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-17T18:28:22+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NzgyOSMzODMxOTczIzIxMjEyMjQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C.","datePublished":"2020-11-17T18:28:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/"},"wordCount":499,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NzgyOSMzODMxOTczIzIxMjEyMjQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/important-deadline-alert-tactile-systems-technology-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c\/","name":"IMPORTANT DEADLINE ALERT: Tactile Systems Technology Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. - 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