Nutex Health (US:NUTX) Globenewswire·2025-09-18 20:36Core Viewpoint - Nutex Health Inc. is facing allegations of issuing materially false and misleading statements during the class period from August 8, 2024, to August 14, 2025, which has led to a class action lawsuit [3][4]. Summary by Relevant Sections Allegations - The complaint alleges that Nutex Health's third-party vendor, HaloMD, engaged in fraudulent activities to achieve favorable arbitration results, which inflated the company's revenues [3]. - It is claimed that Nutex overstated its ability to remediate material weaknesses in its internal controls over financial reporting, leading to improper accounting of stock-based compensation obligations [3]. - The allegations suggest that Nutex's public statements regarding its business and financial prospects were materially false and misleading [3]. Class Action Details - Shareholders who purchased shares of Nutex during the specified class period are encouraged to register for the class action, with a deadline set for October 21, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Law Firm Information - The Gross Law Firm is representing the shareholders and is recognized for its commitment to protecting investors' rights against deceit and fraud [5].