Law firm announces filing of class action lawsuit

A class action lawsuit has been initiated against Treace Medical Concepts, Inc. (TMCI) by the law firm of Gainey McKenna & Egleston. The lawsuit alleges that TMCI made misleading statements and failed to disclose important information to investors, which ultimately led to financial losses for shareholders. The legal action was commenced on behalf of individuals who purchased TMCI securities between May 28, 2023, and March 18, 2025.

According to the lawsuit, TMCI was accused of violating federal securities laws by misrepresenting the success and viability of its Lapiplasty System, a device used for surgical correction of bunions. The company allegedly inflated the demand for the product and misled investors about its market potential, leading to an artificial increase in TMCI’s stock price. When the truth about the Lapiplasty System’s actual performance was revealed, TMCI’s stock price plummeted, causing significant financial harm to shareholders.

The class action lawsuit seeks to hold TMCI accountable for its actions and recover financial losses suffered by investors as a result of the alleged securities fraud. Gainey McKenna & Egleston is actively pursuing the case on behalf of affected shareholders to seek justice and compensation for damages incurred.

Investors who bought TMCI securities during the specified time frame and experienced financial losses are encouraged to join the class action lawsuit. By participating in the legal action, affected investors can potentially recoup their losses and hold TMCI responsible for its alleged misconduct.

The law firm of Gainey McKenna & Egleston specializes in representing investors who have been defrauded by companies engaging in securities violations. With a track record of successful class action lawsuits, the firm is committed to fighting for the rights of shareholders and seeking justice against corporations that engage in wrongful conduct.

If you are an investor who purchased TMCI securities between May 28, 2023, and March 18, 2025, and suffered financial losses, you may be eligible to participate in the class action lawsuit. By joining forces with other affected investors, you can seek to recover damages and hold TMCI accountable for its alleged securities fraud. Contact Gainey McKenna & Egleston to learn more about the lawsuit and how you can take action to protect your rights and seek compensation for your losses.