Nutex Health (US:NUTX) Globenewswire·2025-09-10 19:54Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Nutex Health Inc. regarding a class action lawsuit due to allegations of misleading statements and fraudulent activities during a specified class period [1][3]. Group 1: Allegations - The complaint alleges that Nutex Health Inc. and its defendants made materially false and misleading statements and failed to disclose critical information during the class period from August 8, 2024, to August 14, 2025 [3]. - Specific allegations include that HaloMD, a third-party vendor, engaged in a scheme to defraud insurance companies, leading to unsustainable revenue for Nutex [3]. - The company is accused of overstating its remediation of material weaknesses in internal controls over financial reporting, which affected its ability to account for stock-based compensation obligations [3]. - As a result of these issues, Nutex improperly classified stock-based compensation obligations as equity instead of liabilities, increasing the risk of delays in filing financial reports with the SEC [3]. Group 2: Class Action Details - Shareholders who purchased shares of Nutex during the class period are encouraged to register for the class action, with a deadline set for October 21, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and fraud [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [5].