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 Nano-X securities between March 31, 2025 and April 17, 2026. The lawsuit alleges that the company made false and misleading statements about efficiency gains and product demand, while in reality its manufacturing operations were poorly aligned with demand, leading to increased operating expenses and cash burn. On April 20, 2026, Nano-X reported a fourth-quarter net loss of $33.4 million, including a $17.5 million impairment charge from a restructuring at its Korean chip facility, and announced the CFO's departure; shares fell 25% from $2.85 to $2.15. Investors have until August 11, 2026 to seek lead plaintiff appointment.
Nano X Imaging LtdClass action lawsuit alleging false statements about efficiency and demand, plus reported net loss and CFO departure.