Nutex Health Inc. Shareholders Face Class Action Lawsuit Filed by Gross Law Firm

Legal Action Against Nutex Health Inc.

On September 15, 2025, the Gross Law Firm formally announced the initiation of a securities class action on behalf of shareholders of Nutex Health Inc. (NASDAQ: NUTX). This action comes in the wake of significant allegations against the company related to their financial practices and the transparency of their statements during a specified class period.

What Happened?

The allegations focus on actions taken by Nutex Health, particularly in relation to its dealings with a third-party vendor, HaloMD. According to the complaint, during the defined class period from August 8, 2024, to August 14, 2025, Nutex Health allegedly provided materially false and misleading information to its investors. This included failing to disclose crucial information regarding their internal controls over financial reporting and relying on results achieved through a potentially fraudulent scheme by HaloMD that involved defrauding insurance companies.

Key Allegations

1. False Statements and Misleading Information: It is alleged that Nutex engaged in issuing misleading statements regarding their financial health and the sustainability of revenues derived from their engagement with HaloMD. The claims suggest that Nutex misrepresented these revenues as being stable and reliable, when in fact they were the result of dubious practices.

2. Internal Control Weaknesses: The complaint further asserts that Nutex overstated its ability to rectify material weaknesses within its internal control systems. The failure to adequately manage these controls compromised their financial reporting accuracy.

3. Improper Accounting for Stock Compensation: The complaint indicates that Nutex improperly classified its stock-based compensation obligations, leading to misinterpretations of its financial responsibilities. This misclassification raised concerns about the company's overall financial reporting and the future stability of its business model.

4. Inability to File Timely Financial Reports: Due to the combination of the previously mentioned issues, Nutex was at risk of delaying essential financial report submissions to the SEC, which could potentially further harm shareholders and the company's credibility.

5. Exaggerated Business Prospects: The statements made by the defendants were deemed materially false and misleading during all relevant times, significantly inflating Nutex's business prospects in the eyes of its investors.

Next Steps for Shareholders

Shareholders of Nutex Health Inc. who believe they may be affected by these allegations are encouraged to participate in the class action. The firm will provide portfolio monitoring services for those who register, allowing constant updates throughout the litigation process. Importantly, potential lead plaintiffs must register by October 21, 2025, though being a lead plaintiff is not a requirement for participating in any potential recovery.

Register to be part of this legal action by visiting the Gross Law Firm's designated links.

Why Choose the Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to protecting the rights of investors who have suffered losses due to fraudulent practices, deceit, and illegal business conduct. Their relentless pursuit of justice for shareholders ensures accountability among companies and upholds good corporate conduct.

Conclusion

As Nutex Health Inc. faces these serious allegations, shareholders are urged to take swift action to safeguard their interests. The filing of the class action not only highlights critical issues within Nutex's financial reporting but also serves as a reminder of the importance of transparency and integrity in corporate practices.

For further assistance or inquiries, shareholders can reach out to the Gross Law Firm directly at contact information provided in their press release.