Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Nano-X Imaging Ltd. in the United States District Court for the District of New Jersey on behalf of investors who purchased or acquired Nano-X securities between March 31, 2025 and April 17, 2026. The lawsuit alleges that throughout the class period, defendants made false or misleading statements and failed to disclose that Nano-X overstated efficiency gains and demand, its production was poorly aligned with demand, it faced significantly increased operating expenses and cash burn, and it was likely to take disruptive remedial measures with restructuring and impairment charges. On April 20, 2026, Nano-X reported a fourth quarter 2025 net loss of $33.4 million, including a $17.5 million impairment charge from restructuring its Korean chip manufacturing facility, and announced the CFO's departure, causing shares to drop 25% from $2.85 to $2.15. Investors have until August 11, 2026 to seek lead plaintiff appointment.
Nano X Imaging LtdClass action lawsuit alleges false statements and non-disclosures, leading to legal liability and reputational damage.