Nano-X investors face Aug. 11 deadline in securities class action
A PR Newswire alert says Nano-X Imaging investors have until Aug. 11, 2026, to seek lead plaintiff appointment in a pending securities class action in New Jersey.
A PR Newswire alert says Nano-X Imaging investors have until Aug. 11, 2026, to seek lead plaintiff appointment in a pending securities class action in New Jersey.
Investors in Nano-X Imaging Ltd. have until Aug. 11, 2026, to apply for lead plaintiff appointment in a pending securities class action, according to a PR Newswire release published Aug. 6, 2026, by SueWallSt and Levi & Korsinsky.
The alert says the case is pending in the U.S. District Court for the District of New Jersey and covers purchases of Nano-X shares between March 31, 2025, and April 17, 2026. It identifies Erez Meltzer, Nano-X's CEO and acting chairman, and Ran Daniel, the company's former chief financial officer, as individual defendants.
The filing says the lawsuit centers on allegations that Nano-X and its executives made misleading statements about manufacturing operations and related financial consequences. The release says the company disclosed on April 20, 2026, a $17.5 million impairment charge and manufacturing restructuring, after which shares fell $0.695, or 24.39%, according to the item.
The release also says the complaint alleges the company's manufacturing operations were poorly aligned with product demand and that its Korean chip facility was unsustainable, leading to expected restructuring and impairment charges. It further says both executives signed Sarbanes-Oxley certifications attached to Nano-X's 2024 annual report on Form 20-F and controlled the company's SEC filings, press releases and other market communications during the class period.
In the release, Joseph E. Levi of Levi & Korsinsky said: “Corporate officers have a duty to ensure their companies' public statements are accurate and complete.” The statement appears in a promotional legal notice from the firm and is not independently verified in the release.
The release says Ran Daniel's resignation from the CFO post became effective July 31, 2026. It does not say whether Nano-X has responded to the allegations in the notice.
The release says the lead plaintiff application deadline is Aug. 11, 2026.
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