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Shareholders who lost money in shares of Nutex Health Inc. (NASDAQ: NUTX) Should Contact Wolf Haldenstein Immediately
GlobeNewswire News Room· 2025-08-28 20:11
Core Viewpoint - A class action lawsuit has been filed against Nutex Health Inc. for allegedly making false and misleading statements regarding its business and financial conditions [1][2]. Allegations - Nutex and its executives are accused of failing to disclose material facts about the company's business and finances [2]. - The lawsuit claims that Nutex benefited from arbitration results secured by HaloMD, which is alleged to have engaged in fraudulent schemes to defraud insurance companies [6]. - It is alleged that Nutex reported unsustainable revenues tied to this alleged fraud [6]. - The company is accused of overstating its remediation of internal control weaknesses over financial reporting [6]. - Nutex allegedly failed to properly account for stock-based compensation obligations, misclassifying them as equity instead of liabilities [6]. - The lawsuit highlights an increased risk of delayed SEC filings due to these accounting errors [6]. - Nutex is accused of overstating its business and financial prospects through misleading positive statements [6]. Key Events - On July 22, 2025, a report from Blue Orca Capital alleged that Nutex used HaloMD in fraudulent arbitration schemes, resulting in a stock price drop of $11.18 (10.1%), closing at $100.01 [6]. - On August 14, 2025, Nutex announced a delay in its Q2 2025 financial filings due to accounting issues related to stock-based compensation, leading to a further stock price decline of $18.22 (16.4%), closing at $92.91 on August 15 [6]. Class Period and Deadlines - The class period for the lawsuit is from August 8, 2024, to August 14, 2025 [6]. - The deadline to file a lead plaintiff motion is October 21, 2025 [6].
Barrack, Rodos & Bacine Investigating Data Breach at Healthcare Services Group, Inc.
GlobeNewswire News Room· 2025-08-28 15:52
PHILADELPHIA, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Barrack, Rodos & Bacine is actively investigating a data breach at Healthcare Services Group, Inc. On August 27, 2025, Healthcare Services Group, Inc. (“HSGI”) announced that more than ten months earlier, on October 7, 2024, it had “learned of potential unauthorized access to certain HSGI computer systems.” Upon investigation, HSGI determined that “an unauthorized actor may have accessed and copied certain files on HSGI’s computer systems between September 27, ...
The Cooper Companies(COO) - 2025 Q3 - Earnings Call Transcript
2025-08-27 22:02
The Cooper Companies (COO) Q3 2025 Earnings Call August 27, 2025 05:00 PM ET Company ParticipantsKim Duncan - VP of IR & Risk ManagementAlbert White - President, CEO & DirectorBrian Andrews - EVP, CFO & TreasurerJonathan Block - Managing DirectorIssie Kirby - VP - Equity Research, Medical Technology & Life SciencesJoanne Wuensch. - Managing DirectorBradley Bowers - VP - Equity ResearchPatrick Wood - Managing DirectorConference Call ParticipantsLawrence Biegelsen - Senior Medical Device Equity Research Analy ...
Centene: Be Greedy When Others Are Fearful
Seeking Alpha· 2025-08-27 16:58
Group 1 - Centene (NYSE: CNC) has experienced a significant decline, losing over 60% of its market cap in the past twelve months, leading to a low valuation [1] - The article emphasizes the importance of fundamental analysis in making informed investment decisions, highlighting the author's background in IT and experience in managing a family portfolio [1] - The author aims to provide accessible insights for investors of all experience levels, focusing on various sectors and uncovering promising investment opportunities [1] Group 2 - There is a potential for the author to initiate a long position in Centene (CNC) within the next 72 hours, indicating a possible bullish outlook [2] - The article expresses the author's personal opinions and does not involve any compensation from companies mentioned, ensuring an unbiased perspective [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [3]
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nutex Health
Prnewswire· 2025-08-27 14:35
Core Viewpoint - Nutex is facing significant legal and financial challenges due to allegations of fraudulent activities related to its partnership with HaloMD, which have led to a substantial decline in its stock price [2][3][4]. Group 1: Allegations and Legal Issues - The complaint against Nutex claims that the company and its executives violated federal securities laws by making false statements and failing to disclose critical information regarding their operations with HaloMD [2]. - Allegations include that Nutex engaged in a scheme to defraud insurance companies, resulting in unsustainable revenue from its dealings with HaloMD [2]. - The company is accused of overstating its ability to remediate internal control weaknesses, which affected its financial reporting and stock-based compensation calculations [2]. Group 2: Stock Price Impact - Following the release of a short report by Blue Orca Capital, Nutex's stock price dropped by $11.18 per share, or 10.05%, closing at $100.01 on July 22, 2025 [4]. - After Nutex announced a delay in filing its Form 10-Q due to accounting adjustments, its stock price fell further by $18.22 per share, or 16.39%, closing at $92.91 on August 15, 2025 [4]. Group 3: Company Response - Nutex publicly disagreed with the allegations made in the Blue Orca report and indicated that updates would be provided in its upcoming earnings release [4]. - The company has not effectively rebutted the allegations, which has contributed to the decline in investor confidence and stock value [4].
CVS vs. ELV: Which Healthcare Titan Is the Stronger Investment Today?
ZACKS· 2025-08-27 14:25
Key Takeaways CVS posted revenue growth across all segments in Q2 2025 and is restoring Aetna's target marginsElevance cut its 2025 EPS outlook to $30 as ACA and Medicaid challenges weigh on earnings.CVS boosts digital health with $20B investment and targets $500M in cost savings next year.The U.S. healthcare services market continues to climb steadily and is set to expand to $9.25 trillion in 2025 from $8.77 trillion in 2024 (as per Research and Markets). Growth is fueled by factors like telehealth and dig ...
Centene Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. September 8, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-08-26 19:51
Core Viewpoint - Centene Corporation is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth prospects during the specified Class Period [1][4]. Group 1: Company Overview - Centene Corporation is a healthcare enterprise that provides integrated services to government-sponsored and commercial healthcare programs, focusing on underinsured and uninsured individuals [3]. Group 2: Allegations and Misrepresentation - The class action lawsuit claims that Centene misled investors by presenting false information about its projected revenue and growth, emphasizing strong enrollment rates and low morbidity levels [4]. - The complaint alleges that these representations were materially misleading, as they concealed adverse enrollment trends and worsening morbidity rates [5]. Group 3: Financial Impact and Guidance Revision - On July 1, 2025, Centene withdrew its 2025 guidance, revealing disappointing findings from its analysis of the Health Insurance Marketplace, with market growth across 22 states significantly below expectations [6]. - Following the guidance revision, Centene's earnings were adjusted to approximately $1.8 billion, or an adjusted diluted EPS of $2.75 [6]. - The announcement led to a decline in Centene's stock price by more than 40%, causing significant financial harm to investors [7].
Lynch Carpenter Investigates Healthcare Services Group Data Breach Claims
GlobeNewswire News Room· 2025-08-26 15:58
Group 1 - Healthcare Services Group, Inc. (HSG) announced a cybersecurity incident affecting the personal information of hundreds of thousands of individuals [1] - The data breach potentially compromised various types of personally identifiable information (PII), including names, Social Security numbers, driver's license numbers, state identification numbers, and financial account details [1] Group 2 - Lynch Carpenter, LLP is investigating claims against HSG related to the data breach, indicating potential legal repercussions for the company [2] - Individuals who received a data breach notification from HSG may be entitled to compensation, suggesting a significant impact on affected parties [2]
5 Stocks Scoring High on Relative Price Strength Metrics
ZACKS· 2025-08-26 13:46
Market Overview - The market received a boost from Fed Chair Jerome Powell's Jackson Hole speech, indicating potential rate cuts as early as September, leading to a 1.5% rally in the S&P 500 [1][10] - Powell's acknowledgment of persistent inflation, coupled with a focus on job growth, reassured investors about the Fed's readiness to intervene if economic momentum slows [1][10] - By the end of the week, traders raised their bets on a September rate cut, with odds exceeding 90% [1] Investor Sentiment - Investors interpreted Powell's remarks as a sign that tariff-related inflation is viewed as temporary, not a long-term concern, which has fueled optimism in equities [2][10] - With falling treasury yields and a returning risk appetite, equities are expected to continue gaining in the upcoming weeks [2] Stock Recommendations - Recommended stocks based on relative price strength include Pediatrix Medical Group (MD), Enova International (ENVA), Primoris Services Corporation (PRIM), SkyWest, Inc. (SKYW), and Agnico Eagle Mines Limited (AEM) [3][10] Stock Analysis Strategy - Investors should assess stocks based on earnings growth and valuation multiples, while also considering their performance relative to industry peers or benchmarks [4] - Underperforming stocks should be avoided, while those outperforming their sectors in price should be prioritized for potential returns [5] - Stocks that have outperformed the S&P 500 over the past 1 to 3 months and have solid fundamentals are ideal candidates for investment [6] Earnings Estimates - Positive estimate revisions for upcoming earnings are crucial; upward revisions typically lead to additional price gains [7] - Screening parameters include relative price changes over various time frames and positive current-quarter estimate revisions [8] Zacks Rank and Stock Performance - Only Zacks Rank 1 (Strong Buy) stocks, which have historically outperformed the S&P 500, are considered for investment [9] - Specific stocks highlighted include: - **Pediatrix Medical Group (MD)**: Market cap of $1.5 billion, 51.8% share price increase over the past year, and a 9.3% upward revision in earnings estimates [11][12] - **Enova International (ENVA)**: Market cap of $2.9 billion, 37.4% share price increase, and a 32.4% growth estimate for 2025 earnings [13][14] - **Primoris Services Corporation (PRIM)**: Market cap not specified, 107.7% share price increase, and a 20.7% growth estimate for 2025 earnings [15] - **SkyWest, Inc. (SKYW)**: Market cap of $4.8 billion, 60.4% share price increase, and a 28.1% growth estimate for 2025 earnings [16] - **Agnico Eagle Mines Limited (AEM)**: Market cap of $69 billion, 66% share price increase, and a 62.2% growth estimate for 2025 earnings [17][18]
Nutex Health Inc. Stockholder Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Nutex Health Inc.
GlobeNewswire News Room· 2025-08-25 23:31
Core Viewpoint - A class action lawsuit has been filed against Nutex Health Inc. for failing to disclose fraudulent activities by its third-party arbitration vendor, HaloMD, which has raised concerns about the legitimacy of the company's reported revenues and financial health [1][2][3]. Group 1: Allegations and Concerns - The lawsuit alleges that Nutex Health Inc. did not disclose that HaloMD was involved in a scheme to defraud insurance companies, leading to unsustainable revenue from arbitration results [2]. - It is claimed that Nutex overstated its ability to remediate internal control weaknesses over financial reporting, affecting the accounting of stock-based compensation obligations [2]. - Blue Orca Capital's short report raised alarms about Nutex's 20-fold share price increase, attributing it to inflated billing practices by HaloMD, which could lead to a collapse in financial performance if these practices cease [3]. Group 2: Financial Impact - Following the announcement of a delay in filing quarterly financial statements due to incomplete accounting adjustments, Nutex's stock price dropped over 16% [4]. - The allegations suggest that if the fraudulent revenue streams are cut off, Nutex's stock could revert to penny-stock levels, indicating a significant risk to investors [3]. Group 3: Legal Proceedings - Shareholders are encouraged to participate in the class action lawsuit, with options to serve as lead plaintiff or remain as absent class members [5]. - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees unless a recovery is achieved [6].