{"id":24384,"date":"2026-06-22T21:06:00","date_gmt":"2026-06-22T19:06:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=2deb2b1eeba35d49312c574955df538a"},"modified":"2026-06-22T21:06:00","modified_gmt":"2026-06-22T19:06:00","slug":"law-offices-of-frank-r-cruz-encourages-nano-x-imaging-ltd-nnox-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=24384","title":{"rendered":"Law Offices of Frank R. Cruz Encourages Nano-X Imaging Ltd. (NNOX) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--$STOCKS<\/a>--The Law Offices of Frank R. Cruz<\/a> announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Nano-X Imaging Ltd. (\u201cNano-X\u201d or the \u201cCompany\u201d) (NASDAQ: NNOX<\/a>) securities between March 31, 2025 and April 17, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Nano-X investors have until August 11, 2026 <\/b>to file a lead plaintiff motion.<\/p>

IF YOU SUFFERED A LOSS ON YOUR NANO-X IMAGING LTD. (NNOX) INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.<\/b><\/p>

You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com<\/a>, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com<\/a>.<\/p><\/a><\/a>

What Happened?<\/b><\/p>

On April 20, 2026, Nano-X released its fourth quarter 2025 financial results, reported a net loss of $33.4 million, mainly due to a $17.5 million charge attributed to impairment of long-lived assets following a restructuring initiative at its Korean chip manufacturing facility. Additionally, the Company announced that its Chief Financial Officer would be stepping down from his position.<\/p>

On this news, Nano-X\u2019s stock price fell $0.69, or 24.4%, to close at $2.16 per share on April 20, 2026, thereby injuring investors.<\/p>

What Is The Lawsuit About?<\/b><\/p>

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants overstated purported efficiency gains achieved in Nano-X\u2019s operations, as well as the purported increased demand for its products; (2) in reality, Nano-X\u2019s production and manufacturing operations were poorly aligned with demand for the Company\u2019s products; (3) as a result, Nano-X was experiencing significantly increased operating expenses and cash burn; (4) the foregoing significantly increased the likelihood that Nano-X would be forced to take disruptive remedial measures with respect to its manufacturing operations, entailing significant restructuring and impairment charges; and (5) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

Contact Us To Participate or Learn More:<\/b><\/p>

If you purchased Nano-X securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE<\/a> or contact us at:<\/p>

Law Offices of Frank R. Cruz2121 Avenue of the Stars, Suite 800Telephone: 310-914-5007Email: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

Law Offices of Frank R. Cruz2121 Avenue of the Stars, Suite 800Telephone: 310-914-5007Email: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–$STOCKS–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Nano-X Imaging Ltd. (\u201cNano-X\u201d or the \u201cCompany\u201d) (NASDAQ: NNOX) se…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24384","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24384"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24384\/revisions"}],"predecessor-version":[{"id":24385,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24384\/revisions\/24385"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}