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Investigation announced for Long-Term Investors in shares of Nano-X Imaging Ltd. (NASDAQ: NNOX)

01-07-2021 02:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Nano-X Imaging Ltd. (NASDAQ: NNOX) shares.

An investigation on behalf of current long term investors in Nano-X Imaging Ltd. (NASDAQ: NNOX) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Nano-X Imaging Ltd.

Investors who are current long term investors in Nano-X Imaging Ltd. (NASDAQ: NNOX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: NNOX stocks follows a lawsuit filed against Nano-X Imaging Ltd. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: NNOX stocks, concerns whether certain Nano-X Imaging directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Nano-X’s commercial agreements and its customers were fabricated, Nano-X’s statements regarding its “novel” Nanox System were misleading as the Company never provided data comparing its images with images from competitors’ machines, that Nano-X’s submission to the U.S. Food and Drug Administration (“FDA”) admitted the Nanox System was not original, and that as a result, defendants’ public statements were materially false and/or misleading at all relevant times

Those who purchased shares of Nano-X Imaging Ltd. (NASDAQ: NNOX) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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