{"id":435422,"date":"2021-02-12T22:53:17","date_gmt":"2021-02-13T03:53:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=435422"},"modified":"2021-02-12T22:53:17","modified_gmt":"2021-02-13T03:53:17","slug":"tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/","title":{"rendered":"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nTACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Tactile Systems Technology, Inc. (NasdaqGS: TCMD).\n<\/p>\n<p>\nOn June 8, 2020, a report issued by OSS Research raised allegations that the Company\u2019s growth was the result of \u201ca kick-back scheme that has resulted in rampant overprescribing\u201d and that \u201cMedicare has recently launched an industry-wide audit in which Tactile has been disproportionately targeted. 70% of Tactile&#8217;s claims audited so far have been retroactively denied.\u201d\n<\/p>\n<p>\nThereafter, the Company and certain of its executives were sued in a securities class action lawsuit charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.\n<\/p>\n<p>\nKSF\u2019s investigation is focusing on whether Tactile\u2019s officers and\/or directors breached their fiduciary duties to Tactile\u2019s shareholders or otherwise violated state or federal laws.\n<\/p>\n<p>\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of Tactile shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (<a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-tcmd%2F&amp;esheet=52378809&amp;newsitemid=20210212005552&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-tcmd%2F&amp;index=1&amp;md5=a5313ae8bbb25c00f951e6323995f9f5\">https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-tcmd\/<\/a> to learn more.\n<\/p>\n<p>\nAbout Kahn Swick &amp; Foti, LLC\n<\/p>\n<p>\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n<p>\nTo learn more about KSF, you may visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ksfcounsel.com&amp;esheet=52378809&amp;newsitemid=20210212005552&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=00056e76b90aaa4e109da36b634ce984\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210212005552r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210212005552\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210212005552\/en\/<\/a><\/span><\/p>\n<p>\nKahn Swick &amp; Foti, LLC<br \/>\n<br \/>Lewis Kahn, Managing Partner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<br \/>\n<\/a><br \/>1-877-515-1850\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Louisiana<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210212005552\/en\/752156\/3\/logo-square-pr.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Tactile Systems Technology, Inc. (NasdaqGS: TCMD). On June 8, 2020, a report issued by OSS Research raised allegations that the Company\u2019s growth was the result of \u201ca kick-back scheme that has resulted in rampant overprescribing\u201d and that \u201cMedicare has recently launched an industry-wide audit in which Tactile has been disproportionately targeted. 70% of Tactile&#8217;s claims audited so far have been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD&#8221;<\/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-435422","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. - TCMD - 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\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. - TCMD - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Tactile Systems Technology, Inc. (NasdaqGS: TCMD). On June 8, 2020, a report issued by OSS Research raised allegations that the Company\u2019s growth was the result of \u201ca kick-back scheme that has resulted in rampant overprescribing\u201d and that \u201cMedicare has recently launched an industry-wide audit in which Tactile has been disproportionately targeted. 70% of Tactile&#8217;s claims audited so far have been &hellip; Continue reading &quot;TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-13T03:53:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210212005552r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Tactile Systems Technology, Inc. (NasdaqGS: TCMD). On June 8, 2020, a report issued by OSS Research raised allegations that the Company\u2019s growth was the result of \u201ca kick-back scheme that has resulted in rampant overprescribing\u201d and that \u201cMedicare has recently launched an industry-wide audit in which Tactile has been disproportionately targeted. 70% of Tactile&#8217;s claims audited so far have been &hellip; Continue reading \"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Tactile Systems Technology, Inc. &#8211; TCMD\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-13T03:53:17+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210212005552r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","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\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tactile-systems-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-tactile-systems-technology-inc-tcmd\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TACTILE SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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