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Class Action Cases

A class action has been filed on behalf of TCMD Investors. Click "Join this Class Action" above.


Tactile Systems Technology, Inc.

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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Tactile Systems Technology, Inc. (NASDAQ: TCMD) from May 7, 2018 through June 8, 2020 (the “Class Period”). The lawsuit seeks to recover damages for Tactile Systems Technology, Inc. investors under the federal securities laws.

If you bought Tactile Systems Technology, Inc. securities between May 7, 2018  through June 8, 2020, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Tactile Systems Technology, Inc. – TCMD

New York, N.Y., November 12, 2020. Zhang Investor Law announces  a class action lawsuit on behalf of shareholders who bought shares of Tactile Systems Technology, Inc. (NASDAQ: TCMD)  between May 7, 2018 and June 8, 2020, inclusive (the “Class Period”).

To join the TCMD class action, go to http://zhanginvestorlaw.com/cases/tactile-systems-technology-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

According to the lawsuit,  throughout the Class Period (1) while Tactile publicly touted a $4 plus billion or $5 plus billion market opportunity, in truth, the total addressable market for Tactile’s medical devices was materially smaller; (2) to induce sales growth and share gains, Tactile engaged in illegal sales and marketing activities; and (3) Tactile’s revenues were in part the product of unlawful conduct and thus unsustainable.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/tactile-systems-technology-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.