2-DAY NNOX DEADLINE ALERT: Hagens Berman, Nationwide Trial Attorneys, Encourages Nano-X Imaging (NNOX) Buyers Who Suffered Losses to Contact Its Attorneys, Software Deadline Monday | 2020-11-14 | Press Releases

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FAF, GOCO INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages FAF, GOCO Investors with Losses to Contact the Firm, Securities Fraud Class Actions Filed | 2020-11-05 | Press Releases

San Francisco, Calif .– (Newsfile Corp. – Nov 14, 2020) – Hagens Berman calls on Nano-X Imaging Ltd. investors (NASDAQ: NNOX) to contact the company now. A securities fraud class lawsuit has been filed and NNOX investors may face sufficient losses to move on behalf of the lead plaintiff.

Classes: August 21, 2020 – September 15, 2020

Lead plaintiff deadline: November 16, 2020

Visit: www.hbsslaw.com/investor-fraud/NNOX

Contact an attorney now: [email protected]

844-916-0895

Class action lawsuit against Nano-X Imaging (NNOX) securities:

The complaint alleges that the defendants concealed throughout the classroom that Nano-X: (1) established trade agreements and customers; (2) Statements regarding his novel Nanox system were misleading; and (3) Nano-X’s filing with the FDA admitted that the Nanox system was not original.

Investors allegedly began learning the truth on September 15, 2020 when Citron Research released a report accusing Nano-X of “conducting the most obvious stock promotion we’ve seen in years”. Challenging the new innovative technology claimed by Nano-X, Citron stated, “We haven’t even seen evidence of the product and only seen a model drawing of what this machine is supposed to look like.” Citron also claimed that Nano-X’s trade agreements “only appear to be bogus customers”.

After this report, the price of the Nano-X share fell significantly.

On September 17, 2020, Empire Financial Research released a report stating that Nano-X looked like “Theranos 2.0” and that “this stock is worthless”.

Finally, on September 22, 2020, Muddy Waters released a report stating that Nano-X was “a much bigger piece of junk than Nikola ever was,” based on interviews with radiologists and alleged dealers. Muddy Waters stated that Nano-X’s ARC device “appears to be little more than a futuristic movie prop” and “[i]In fact, an Israeli company that designed a pickup truck used in the Jurassic World film claims credit for its design. “

“We’re focusing on investor losses and proving that Nano-X misrepresented the status of its X-ray source and trade agreements,” said Reed Kathrein, the Hagens Berman partner who led the investigation.

If you’re a Nano-X investor or would like to assist with the company’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Individuals with nonpublic information about Nano-X should review their options to help with the investigation or use the SEC whistleblower program. Under the new program, whistleblowers who provide original information can receive rewards of up to 30 percent for each successful SEC recovery. For more information, call Reed Kathrein at 844-916-0895 or send an email to [email protected]

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About Hagens Berman

Hagens Berman is a national law firm with nine offices in eight cities across the country and eighty attorneys. The firm represents investors, whistleblowers, employees and consumers in complex legal disputes. More information about the company and its achievements can be found at hbsslaw.com. For the latest news, visit our newsroom or follow us on Twitter @classactionlaw.

The source version of this press release can be found at https://www.newsfilecorp.com/release/68214