logo
TMCI DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Treace Medical Concepts, Inc. Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action

TMCI DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Treace Medical Concepts, Inc. Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action

New York, New York--(Newsfile Corp. - June 3, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Treace Medical Concepts, Inc. (NASDAQ: TMCI) between May 8, 2023 and May 7, 2024, both dates inclusive (the 'Class Period'), of the important June 10, 2025 lead plaintiff deadline.
SO WHAT: If you purchased Treace Medical securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Treace Medical class action, go to https://rosenlegal.com/submit-form/?case_id=38284 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) competition impacted the demand for and utilization of its primary product, the Lapiplasty 3D Bunion Correction System (the 'Lapiplasty'); (2) as a result, Treace Medical's revenue declined and Treace Medical needed to accelerate its plans to offer a product that was an alternative to osteotomy (a surgical procedure that involves cutting and realigning a bone to improve its position or function); and (3) defendants' positive statements about Treace Medical's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Treace Medical class action, go to https://rosenlegal.com/submit-form/?case_id=38284 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254338
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Marshfield man gets 25 years in prison for November 2024 death of his roommate
Marshfield man gets 25 years in prison for November 2024 death of his roommate

Yahoo

time17 minutes ago

  • Yahoo

Marshfield man gets 25 years in prison for November 2024 death of his roommate

WISCONSIN RAPIDS − A 28-year-old Marshfield man was sentenced Aug. 19 to 25 years in prison for the November 2024 death of a woman who was chocked to death then taken to Price County and set on fire. Deyvin Castro-Gutierrez pleaded no contest to and was found guilty of second-degree intentional homicide in the death of Blanca Jesenia Hernandez-Portocarrero, 28, of Marshfield. The charge was reduced from a charge of first-degree intentional homicide. Retired Marathon County Circuit Judge Gregory Grau, acting as a substitute judge in the Wood County case, found Castro-Gutierrez guilty of the reduced charge. As part of the plea agreement, a charge of mutilating a corpse filed in Price County was dismissed but considered during sentencing. Wood County District Attorney Jonathan Barnett said Castro-Gutierrez told investigators he and Hernandez-Portocarrero got into an argument over some text messages and phone calls she had made. Because she was smaller, Hernandez-Portocarrero got a knife to protect herself. Castro-Gutierrez knocked the knife out of her hand and then hit her throat and held his arm across it until she stopped breathing, Barnett said. Wood County inspections: One restaurant receives 10 violations on initial and reinspection Local business news: 7 Brew drops new drive-through coffee stand in Marshfield, expected to open this fall If the case had gone to trial as first-degree intentional homicide, a jury likely would have decided Castro-Gutierrez's account of how the death happened did not justify the charge, Barnett said. There was no evidence to dispute it, he said. A neighbor in the apartment complex had put a surveillance camera in the parking lot, because he believed someone had hit and damaged his car repeatedly, Barnett said. The camera happened to catch Castro-Gutierrez putting Hernandez-Portocarrero's body in the trunk of his car, Barnett said. That is the reason officials were able to determine it was him who killed Hernandez-Portocarrero, he said. Castro-Gutierrez then took the body to Price County where he put Hernandez-Portocarrero in a ditch and tried to burn the body, Barnett said. Some people came along and saw the fire. Defendant knows he has destroyed two families, lawyer says Nothing the defendant or anyone can do will bring Hernandez-Portocarrero back, said James Bennett, Castro-Gutierrez's attorney. It is clear he tried to cover up the crime afterward. "These actions are inexcusable here and will forever be with him," Bennett said. Castro-Gutierrez was born in Nicaragua and lived with his grandmother, Bennett said. From the age of 10, he cared for his grandmother. Castro-Gutierrez wanted to become a doctor, but his family was too poor to make that happen. Castro-Gutierrez came to the United States to make money he could send home to help his family, including his four children, in Nicaragua, Bennett said. His oldest daughter is studying pharmaceutical chemistry at a university. Castro-Gutierrez is both proud that he has helped his daughter do that and sad he won't be able to continue helping her. Castro-Gutierrez knows he had taken Hernandez-Portocarrero away from her four children and he will not be available for his four children for many years. He knows he's destroyed two families, Bennett said. He hopes to return to Nicaragua and his family in coming years. Victim's family asks for harshest possible penalty Hernandez-Portocarrero's aunt spoke to the judge by a video call. She spoke through a Spanish interpreter who was interpreting the Aug. 19 proceedings for Castro-Gutierrez. The aunt said the actions of Castro-Gutierrez have devastated Hernandez-Portocarrero's children and mother. He took her away from them, she said. The family would like Grau to give Castro-Gutierrez the harshest possible penalty, the aunt said. They would like to see him spend the rest of his life in prison. Castro-Gutierrez did not give a statement when given the chance. Grau gave Castro-Gutierrez 25 years in prison to be followed by 20 years of extended supervision, which was the joint recommendation of Barnett and Bennett. Since he is not a U.S. citizen, it is likely officials will send him back to Nicaragua when his prison sentence is finished, Grau said. Grau gave Castro-Gutierrez credit for 281 days already served in jail. Contact Karen Madden at kmadden@ Follow her on Twitter @KMadden715, Instagram @kmadden715 or Facebook at This article originally appeared on Marshfield News-Herald: Deyvin Castro-Gutierrez of Marshfield gets 25 years in roommate death

Bessent says US tariff revenues to rise 'substantially,' focus on reducing debt
Bessent says US tariff revenues to rise 'substantially,' focus on reducing debt

Yahoo

time17 minutes ago

  • Yahoo

Bessent says US tariff revenues to rise 'substantially,' focus on reducing debt

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President Donald Trump, and said the money would be used first to start paying down the federal debt, not to give rebate checks to Americans. Bessent, speaking in an interview on CNBC's "Squawk Box," said he expected to substantially revise upward his earlier estimate of $300 billion in revenues from the tariffs, but declined to be more specific. Bessent said he had not spoken with Trump about the idea of using funds from the tariffs to create a dividend for Americans, but stressed that both of them were "laser-focused" on paying down the debt. "I've been saying that tariff revenue could be $300 billion this year. I'm going to have to revise that up substantially," Bessent said. "We're going to bring down the deficit to GDP. We'll start paying down the debt, and then at that point that can be used as an offset to the American people." The U.S. economy could return to the "good, low-inflationary growth" of the 1990s, Bessent said, but he blamed higher interest rates for problems plaguing some pockets of the economy, singling out housing and lower-income households with high credit card debt. A cut in the Federal Reserve's key interest rate - which Trump has continually pressed for - could help facilitate a boom or pickup in home building, which would help keep prices down in one to two years, he said. The U.S. Census Bureau on Tuesday reported a small increase in groundbreaking for single-family homes and permits for future construction in July, even as high mortgage rates and economic uncertainty continued to hamper home purchases. Trump's wide-ranging import tariffs have kept the Federal Reserve from lowering interest rates this year, with most central bank policymakers wary of easing borrowing costs until they have more confidence the levies will not rekindle inflation, which has yet to return to the Fed's 2% target. Recent indications of softening in the job market, however, have largely convinced investors that the Fed will cut rates by a quarter of a percentage point when it meets in mid-September. That expectation has helped bring down mortgage rates in recent weeks. Bessent has previously said a 50-basis-point cut in rates was warranted. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US stocks tend to gain around Fed's Jackson Hole summer conference, analysis shows
US stocks tend to gain around Fed's Jackson Hole summer conference, analysis shows

Yahoo

time17 minutes ago

  • Yahoo

US stocks tend to gain around Fed's Jackson Hole summer conference, analysis shows

By Lewis Krauskopf NEW YORK (Reuters) -U.S. stocks have tended to fare well around the Federal Reserve's Jackson Hole gathering in August, according to a historical analysis from DataTrek Research, although the market has seen sizable moves in both directions in recent years. The Fed's annual Wyoming research conference is set for Thursday through Saturday, and Chair Jerome Powell's speech on Friday is expected to be the main event for markets. DataTrek looked at the benchmark S&P 500 in the five trading days before and after the Fed chair's speech since 2010. The index gained an average of 0.9% over the period, with the bulk after the speech. "This suggests that markets get incremental clarity from the chair's speech, which in turn boosts equity valuations," Nicholas Colas, DataTrek's co-founder, said in a research note. This year, the S&P 500 has slipped in the lead-up to the speech so far, Colas said in the note published early Tuesday. "This goes against the usual pattern, so we would not be surprised to see the index rally modestly through Thursday," he said. One notable exception to the trend was in 2022, when the index slumped 7.4% in the 10-day period. That year at Jackson Hole, Powell warned of slower growth as the Fed fought high inflation. The S&P 500 fell over 19% for the full year 2022 as the Fed raised interest rates. In 2023, the index gained 3.3% in the studied period. DataTrek noted the S&P 500 fell in 2013 and 2015 when Fed chairs Ben Bernanke and Janet Yellen did not attend the symposium. This year, investors are eager to see if Powell reinforces expectations of a central bank interest rate cut at its September 16-17 meeting. Recent weak labor market data bolstered those expectations. Fed Fund futures on Tuesday were pricing in an 84% chance of such a move, according to LSEG data.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store