Class Action Lawsuit Filed Against Nutex Health Inc. Over Alleged Securities Fraud
A securities fraud class action lawsuit has been filed against Nutex Health Inc. (NASDAQ:NUTX) by Thomas W. Elrod of Kirby McInerney LLP. The suit alleges false statements and omissions by the company during a 13-month period, including the month of August. Investors have until October 21, 2025 to seek lead plaintiff status.
The lawsuit, filed on August 14, 2025, follows a series of events that raised concerns about Nutex's financial practices. On July 22, 2025, a report by Blue Orca Capital alleged fraudulent activities by Nutex's third-party dispute resolution vendor, HaloMD. This revelation led to a significant drop in Nutex's share price, plummeting by approximately 10.05%.
Later, on August 14, 2025, Nutex announced a delay in filing its quarterly report with the SEC. This news triggered another steep decline in the company's share price, this time by approximately 16.39%. The lawsuit alleges that these events were a result of Nutex's false or misleading statements and failure to disclose key information during the period from August 8, 2024 to August 14, 2025.
The lawsuit, represented by Thomas W. Elrod of Kirby McInerney LLP, seeks to represent all investors who purchased Nutex securities during the specified period. Investors have until October 21, 2025 to ask the Court to appoint them as lead plaintiff, potentially influencing the case's direction and outcome.
