An investigation on behalf of current long term investors in Nano-X Imaging Ltd. (NASDAQ:NNOX) shares over possible breaches of fiduciary duty by certain officers and directors was announced and (NASDAQ:NNOX stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/18/2022 -- An investigation on behalf of current long-term investors in shares of Nano-X Imaging Ltd. (NASDAQ: NNOX) concerning potential breaches of fiduciary duties by certain directors and officers of Nano-X Imaging Ltd. was announced.
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 Ltd. 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 Nanox's 510(k) application for the Nanox.ARC (an imaging system that uses a purportedly novel X-ray source) was deficient, thataccordingly, it was unlikely that the U.S. Food and Drug Administration (the "FDA") would approve the 510(k) application for the Nanox.ARC in its current form, that as a result, Nanox had overstated Nanox.ARC's regulatory and commercial prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damage
Those who purchased shares of Nano-X Imaging Ltd. (NASDAQ: NNOX) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.