Nutex Health (US:NUTX) Prnewswire·2025-09-22 12:45Core 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 against the company [1]. Summary by Sections Allegations - The complaint alleges that Nutex Health engaged in a coordinated scheme to defraud insurance companies through its third-party vendor HaloMD, resulting in unsustainable revenues [1]. - The company overstated its ability to remediate material weaknesses in its internal controls over financial reporting, leading to improper accounting of stock-based compensation obligations [1]. - Nutex misclassified stock-based compensation obligations as equity instead of liabilities, increasing the risk of failing to file financial reports with the SEC on time [1]. - The allegations suggest that Nutex's business and financial prospects were overstated, making public statements materially false and misleading [1]. 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 for lead plaintiff appointment set for October 21, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].